Council Moves Forward On 2020/2021 Budget
Gympie Regional Council have endorsed the 2020/2021 budget this morning at a special meeting at the Gympie Civic Centre.
Key points of the $141.90 million budget include:
• $40.99 million capital works program
• A $3.45 million operational deficit
• Residential rate increase of 3%
• Early payment discount of 10% on general rates
• $160 pensioner rebate
• Total debt of $24.76 million
• Total cash reserves of $27.26 million
• $2.94 million for bridge replacement and renewal
• $2.9 million for pedestrian/cycle pathways
• $3.5 million for the Gympie Regional Transfer Station
• $23.9 million to the Water Business Unit
• $5.97 million for parks and sporting facilities
• $14 million for waste management and recycling.
CEO of Gympie Regional Council, Shane Gray, said the 2020/2021 budget would “provide a balance between sensible spending and the effective delivering of services.”
“Councillors have spent a lot of time on this budget and while difficult in its creation, will provide a solid financial base for the organisation,” Mr Gray said.
“I understand there has been a lot of interest in the community about the state of our finances of late and rightly so.
“The Council and organisation have worked hard to deliver a budget which focuses on core services for the resident and rate payer,” he said.
You can view Council’s full budget document at www.gympie.qld.gov.au or visit Council’s Facebook page for the live stream replay.