City of Greater Shepparton councillor Fern Summer votes against adoption of strategic resource plan.DARREN LINTON June 25, 2014 3:04am
Greater Shepparton City Council’s strategic resource plan for the next four years includes new borrowings of $5.5
City of Greater Shepparton councillors voted 6-1 to adopt the plan at a special meeting last night, but Cr Fern Summer voted against the proposal primarily because of its timing.
Legislation demands the council submit the resource plan to the Victorian Government by Monday next week, even though the 2014-15 budget is still in draft form.
‘‘I would have thought a formalised budget should have come before a strategy,’’ Cr Summer said.
The 2014-15 to 2017-18 plan includes new borrowings for the Greater Shepparton Regional Sports Precinct project, with the first $2
Total borrowings will reach $21.490
Even so, in the last year of the plan the interest payments will total $1.3
The long-term financial plan forecasts ongoing annual increases in rates and charges of 4.95 per cent through to 2024, while total revenue growth from these sources will rise 5.95 per cent a year when growth is taken into account.
Employee costs, the largest item in the council’s expense column, will rise at 4.5 per cent a year, which takes into account changes to the superannuation guarantee and enterprise bargaining agreements.
Growth in full-time equivalent staff is forecast to be 0.5 per cent a year.
The plan outlines the growing cost of closing the asset renewal gap.
Council will have to increase spending on renewal and maintenance of assets such as buildings, roads and drainage by more than $6
The amount that needs to be spent each year is estimated at $25
One recommendation in the report is development of an asset retirement policy to reduce the asset base where there is no longer a community requirement.
Street Rider Night Bus signs have been placed in Shepparton’s central business district to encourage people to use the service that has been cruising along for more than five years.
Police are currently at the scene of a double fatal collision involving two cars in at the Cahill Road, Gilmore Street and Woods Road intersection in Yarrawonga.
Tatura Community House held its annual High Tea fundraiser at the facility on Tuesday, with a full-house present to enjoy a sumptuous morning tea, good conversation and relaxing time together.
The Echuca construction team behind Junction Moama has taken out one of the top honours at a regional building awards ceremony.
Rochester Historical and Pioneer Society hosted an afternoon tea to recognise long-standing members Barrie and Flora Griffin and John and Margaret Harley.
About 7600 residents served by Goulburn Valley Water are affected by a boil-water advisory.
Scone Equine Hospital relaunches local veterinary practice.
A beauty pamper day has raised a whopping $18k to assist local lady Terri Bevan with her ongoing medical costs associated with her brain tumour
A planning scheme amendment to allow the expansion and redevelopment of the IGA supermarket at Heathcote has been approved by the Victorian Planning Minister Richard Wynne.
Cross-border rivals Cobram and Barooga football netball clubs will contest the 38th Cobram Courier Shield this weekend.
An exciting three-hole playoff saw Virginia Lange take a narrow win in the Deniliquin Ladies Golf Championship last Thursday.
The G-MW Murray gravity irrigation system has received 35 per cent and the Goulburn system 42 per cent of allocation from July 1.
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.