Murray Shire’s 2014-15 Budget will be considered by councillors at a meeting tomorrow in Mathoura.June 16, 2014 3:02am
Murray Shire’s 2014-15 Budget will be considered by councillors at a meeting tomorrow
Shire general manager Margot Stork said the NSW Government has pegged the general rate increase for the 2014-15 financial year at 2.3 per cent, compared to 3.4 per cent in 2013-14.
She also said the capital works program, if adopted, was expected to be $7.6 million.
‘‘Of the funding required, $3.6 million will come from council operations, $1.3 million from external grants and contributions, $1 million from the sale of assets and $1.4 million from reserves.’’
Ms Stork said the Budget was influenced by external factors, including estimated wage growth of 3.25 per cent next year and decreasing interest rates with a cash rate of 2.5 per cent.
She said building repair works, recent damage to two timber bridges and the review of the Local Environment Plan had also had an impact on the Budget.
‘‘The development of the Budget is based on a number of principles, key of which are balancing the Budget, obtaining an operating surplus result and evaluating our operating result before capital income balance,’’ she said.
Ms Stork said the Federal Budget, which was handed down in May, has also impacted on Murray Shire Budget calculations.
‘‘That Budget included a proposed freeze on the indexation of the Financial Assistance Grant to local government for a period of three years,’’ she said.
‘‘The effect of that freeze is a decrease in Federal funding of approximately $100,000 in the 2014-15 Budget.’’
She said councillors would need to consider the funding loss as part of their Budget deliberations tomorrow.
Over a three-year period, the effect of the freeze would be a loss of income of about $420,000 for Murray Shire.
Mayor Tom Weyrich said the shire would, over coming months, lobby the Federal Government for a more equitable grant to council than that which will be received if the Federal Budget measures are adopted.
He said the freeze would have a significant impact on the shire’s ability to meet community needs and expectations.
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The Yarrawonga Pigeons have suffered a defeat at the hands of the Wangaratta Magpies at Norm Minns Oval in Wangaratta.
One message has come through loud and clear to me during this long campaign
The Moama-Echuca Border Raiders made it three wins from three grades at Harrison Reserve on Sunday in round five of the Bendigo Amateur Soccer League.
TRADIES are usually part of the furniture at the Criterion Hotel on a weeknight, but last Wednesday they shared the space with some Australian political high-flyers.
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Avenel win easy
Berrigan Shire councillor Daryll Morris says he has been sickened by some of the vitriol and personal attacks to surface since the council’s proposal to redevelop Finley’s Memorial Hall and School of Arts site was revealed in October last year.
THE Australian Hearing Bus is stopping by Heathcote to offer free hearing checks and raise hearing health awareness, to locals in the community.
Udderly delightful merchandise will be on offer around the Cobram district to help support dairy farmers facing tough times after suppliers Murray Goulburn and Fonterra announced price cuts.
Deniliquin’s Kayla Smith will travel to Canada on Wednesday to compete in two major athletics meets.
Murray Goulburn will open with $4.31/kg milk price for the 2016-2017 year.
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