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.
Shepparton’s Declo Bisimwa firmly believes education is the key to a better life.
Beautiful weather greeted Tungamah residents for the 18th running of the Tungamah Lions Ten Thousand on Sunday.
When Keith and Marion Grumley and their growing family moved to Tatura on January 18, 1968, little did they know that it would be the start of a long and lasting connection to the town.
Garners Boxing Gym in Echuca is encouraging young people to get active with weekly boxing/cardio classes.
Rochester Rotary Club has celebrated its 50th birthday in style.
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A theatre production with a difference is coming to Seymour.
Local athletes will go head-to-head with some of the best competitors from around the world in swimming and athletics in December.
District residents and visitors will be able to enjoy some of the region’s most beautiful private gardens on Sunday.
The 116th annual Cobram Show went off with a bang at the weekend, drawing in crowds from far and wide for two days of fun.
Tomorrow is a Total Fire Ban day in Deniliquin, meaning no fires can be lit in the open and all fire permits are suspended.
Fifty new full-time jobs will be created at Tatura with a multimillion-dollar expansion of the abattoirs expected to be announced today.
Remembering Australian political giant Gough Whitlam who once called on Benalla police to stop then Treasurer Frank Crean on his journey up the Hume to phone the PM.
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