BREAKDOWN: What the SBRC 2019/20 budget means for you
SOUTH Burnett ratepayers will experience yet another increase this coming financial year.
Mayor Keith Campbell said the 2019/20 South Burnett Regional Council budget released this morning will be achievable and affordable.
"It is the last budget for this current term of council and has maintained our focus of delivering the essential, yet maybe basic, infrastructure and services for our diverse region," he said.
General manager for finance Lester Schumacher's $66 million operating budget will deliver vital services for South Burnett residents.
There is a big focus on reducing the council's debt.
"Council estimates by the end of the 2020 financial year, council will have reduced the debt level by $2.4 million," Cr Campbell said.
With the continuation of last year's model, the roll-in of the road levy, some ratepayers will be paying more than others.
Even though the rates are based on the valuer general's land rating, no one's rates will increase more than 30 per cent.
Here is a snapshot of the council budget:
$66 million -operating budget
$20.8M capital expenditure budget
1.9 per cent -the general rates increase
30 per cent -no one's rates will increase above 30 per cent
$2.9M total increase in depreciation (for transport and infrastructure)
4.04 per cent -total change in rates and charges
1.2458 rates in a dollar for rural land ratepayers
29 per cent of rate dollars will be spent on community services
$49,280 worth of rates and charges will be part of the council's income
Read more about the South Burnett Regional Council's 2019/20 budget here.