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.
Shepparton police are calling for information after a thief walked off in broad daylight with an outboard motor from a boat store.
Mulwala’s own motor racing sensation Steve ‘Harro’ Harrison has won the 2014 Victorian Super Tin Tops Championship.
St Augustines College, Kyabram, has won the inaugural School’s Sustainability Cup for 2014, beating several Melbourne schools.
Campaspe Shire’s council is on the verge of imploding unless it takes ‘‘quick action’’ according to an independent investigation.
Four people, including a father and his two children, were fined more than $18,000 for their role in an alcohol-fuelled brawl at a Lockington party earlier this year which ended in a teenager beaten up and forced into a dog cage.
New faces for Girgarre FNC
A time to include late loved ones in the spirit of the season.
Firefighters were able to save a Finley property's buildings after a large stack of hay bales went up in flames on Monday.
Eppalock Primary School has gone global.
Scout Group hopes to raise funds for World Scout Jamboree through novel 24-hour endurance test.
Deniliquin beat Finley by nine wickets to retain the O'Donnell Shield on Friday last week.
Bungeet farmer, Doug James, lost about 1000 head of sheep in a fire that rapidly burnt through his farm on Tuesday afternoon.
The rail tracks are in such disrepear V/Line is having to close the buffet car between Euroa and Seymour due to health and safety concerns to hospitality staff.
Discover unbelievable local deals from local businesses every week in the Goulburn and Murray Valley area with Leapon.com.au!
Search properties for sale or rent across North Central Victoria and Southern NSW. Visit your local website for local homes....
Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.
Place an advertisement in any one of McPherson Media Group's local newspapers.