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.
Victoria Park Lake to be venue for the JDRF One Walk Shepparton to promote the awareness about Type 1 diabetes next month.
Dawn Tabor 10 January 1944 – 10 September 2016
The Aboriginal and wider community is mourning the death of revered Bangerang Aboriginal elder, Uncle John ‘‘Sandy’’ Atkinson.
COMPETITORS will skate into Moama in October for the Loddon Mallee Hume Regional Series skate competition.
OUR Lady of the Sacred Heart Elmore was a sea of colour earlier this month for Footy Colours Day.
THERE were picnics galore at St Augustine’s College recently as the school celebrated St Augustine’s Day with a whole college mass and a community picnic on the school oval.
Seymour A and B-grade in season decider
Extensive rainfall in the Southern Riverina is having a negative impact on farming.
When Pyalong Primary School does something, it does it well. Here are the students all dressed up for the school's recent Roald Dahl day to celebrate the 100th anniversary of the author’s birth on September 13, 1916.
Former Moira Shire mayor Marie Martin will be running in the upcoming council election.
Skipper claims second B&F in thrilling count
Tuesday, August 16
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.