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Campaspe Shire rates to rise 6%

Campaspe Shire's proposed rate rise to help pay for future asset renewal.

May 14, 2014 4:06am

A six per cent general rate increase heads the Campaspe Shire 2014-15 draft budget released yesterday.

 

Council will raise just more than $30million in rates, including the municipal charge, in the coming financial year.

The municipal charge, which is $50, will also jump to $150 next year per rating assessment, a 300 per cent increase. The $73million budget includes $24million for 90 projects under the capital works program for building and renewal works.

Campaspe Shire Mayor Ian Maddison said the rate revenue increase was vital to ensure that asset renewal continued and a burden was not left on future generations.

‘‘It’s clear the backlog cannot be addressed solely by increasing revenue,’’ Cr Maddison said.

‘‘Accordingly, council is continuing its focus on costs management and continuing its financial sustainability review of all services and assets in order to make savings where possible.

‘‘Nevertheless, rates will need to make an important contribution to this challenge.’’

Read more in the print edition of the Kyabram Free Press.

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