Council endorses the 2022/2023 budget
This morning, Gympie Regional Council has endorsed the 2022/2023 budget at a special meeting at the Town Hall in Gympie’s CBD.
Key points of the $115.79 million budget include:
- $32.90 million capital works program
- $22.50 million roads budget
- $7.75 million flood recovery works (roads, bridges, council facilities and parks)
- A $0.05 million operational surplus
- Residential rate increase of 4.77%
- $180 pensioner rebate
- Total debt of $17.13 million
- Total cash reserves of $73.58 million
- $1.13 million for Environment Management
- $706,000 on the Planning Scheme
- $3.862 million for Libraries and Events
- $22.67 million on Water and Waste Water
- $5.53 million for parks and sporting facilities
- $14.79 million for waste management and recycling
Gympie Regional Council Mayor Glen Hartwig says this year’s budget continues this Council’s focus on getting back to basics. “With the 2022/2023 budget, we have continued our ‘Back to Basics’ vision for the third consecutive year, with this budget once again being centred on budget repair and ensuring the essential services we provide to residents and businesses across the Gympie region are delivered to a high standard.
As a result of this approach, we have managed to deliver a small operational surplus for the second consecutive year and significantly increased our cash reserves, while reducing Council’s debt levels. Further to that, this budget will also focus on rebuilding the organisation and our region after the devastating effects of the three flood events this year,” he said.
You can also view Council’s full budget document at https://www.gympie.qld.gov.au/council/publications-policies/corporate-reports/current-budget or visit Council’s Facebook page for the live stream replay.