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.
Greater Shepparton Deputy Mayor Fern Summer quits nursing job to run as an independent at July's Federal Election.
Three Yarrawonga footballers have excelled at interleague level, representing the Ovens and Murray against Hampden in Warrnambool on Saturday.
The Aboriginal and wider community is mourning the death of revered Bangerang Aboriginal elder, Uncle John ‘‘Sandy’’ Atkinson.
ONE in seven people aged 50 and older have some evidence of macular degeneration, according to Echuca optometrist Andrew Knight.
TONY Spizzica doesn’t like to talk about himself.
Kyabram Football Club will host a family day next weekend.
Where there’s a Will, there’s a way
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.
PYALONG Primary School junior students were treated to a special behind-the-scenes look at Seymour Woolworths last week.
Arriving early at school just got a little sweeter for Barooga Public School students, with the recent introduction of a breakfast program.
Plans for the release of a carp herpes virus has captured the attention of international press.
Farmers from northern Victoria will join a protest rally over milk prices in Melbourne tomorrow, Wednesday.
The News magazines are online - read high quality magazines in your time. Check in regularly for the latest editions.
Riverine Herald's well regarded locally produced magazines. They're now online, so you can read them whenever and wherever you like.
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.