{"id":37923,"date":"2013-07-04T23:19:56","date_gmt":"2013-07-04T13:19:56","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=37923"},"modified":"2020-12-14T16:35:24","modified_gmt":"2020-12-14T06:35:24","slug":"how-much-youll-pay-in-future","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2013\/07\/04\/how-much-youll-pay-in-future\/","title":{"rendered":"How Much You’ll Pay In Future"},"content":{"rendered":"
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Urban beautification schemes – like the Proston Park project (above) – form a small part of the SBRC’s annual Budget, but are a key long-term strategy for the region’s future growth<\/figcaption><\/figure>\n

July 4, 2013<\/strong><\/p>\n

by Dafyd Martindale<\/strong><\/p>\n

If you thought this year’s rise in the South Burnett Regional Council’s rates and charges was hefty, be prepared for more of the same over the next two years.<\/p>\n

The SBRC will be lifting general property rates and charges by a further 17.5 per cent between now and 2015-2016.<\/strong><\/p>\n

This grim forecast was contained the council’s latest Operating Revenue projections, which were included in this year’s Budget handed down on Wednesday,<\/p>\n

By law, whenever a council draws up its annual Budget it must include forward financial projections to demonstrate it can be self-sustaining.<\/p>\n

The Operating Revenue Statement forecasts all the different sources of income that contribute to a council’s bottom line.<\/p>\n

It also provides an insight into where a council believes its future revenue streams will come from.<\/p>\n

The SBRC, like most councils, is in the unenviable position that its single biggest source of income is the hip pockets of ratepayers.<\/strong><\/p>\n

General property rates and water and sewerage charges account for about 65 per cent of the Council’s revenue stream, on average.<\/p>\n

Other income sources include:<\/strong><\/p>\n