• Rates less than cap


    STRATHBOGIE Shire Council has released its Draft Budget 2018-19 which has a strong focus on renewal and replacement of ageing infrastructure over the coming financial year.

    This is while keeping the rates increase below the State Government imposed cap.

    The budget projects an operating surplus of $2.34 million for 2018/19 providing funding towards the capital works program.

    The adjusted underlying result is a deficit of $410,000 after adjusting for capital grants and contributions.

    And the Shire of Strathbogie has comparatively low levels of debt, as well as healthy reserves.

    … to read the full story, click here to access the digital edition

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