Media Statement Annual Business Plan & Budget 2020/21 – Draft for Consultation
DATE: 27 July 2020 Page 1 of 1
Annual Business Plan & Budget 2020/21 – Draft for Consultation
Renmark Paringa Council has released its Draft Annual Business Plan & Budget 2020/21 for public consultation.
In 2020/21, Council is budgeting for $6.864 million in capital projects, of which $2.354 million worth are externally funded. Council is also focussed on finishing the projects that were delayed last financial year, due to challenges associated with COVID-19.
The major projects to be delivered by Council in 2020-2021 include;
- Revitalising the town centre riverfront of Renmark for residents and visitors through completing the Taylor Riverfront Precinct, and
- Improving agricultural and industrial efficiencies through the continuation of the Government Road strategic freight route.
Council’s Annual Business Plan and Budget has forecast an operating deficit for the 2020-2021 financial year of $916,000. This is a larger deficit than originally anticipated.
Given the predicted operating deficit Council will focus on creating efficiencies in 2020-2021, through:
- Upgrading our streetlights to energy efficient LEDs,
- Installing solar panels at the Alan Coulter Recreation Centre, to reduce energy costs, and
- Increasing the storage capacity of the Renmark Waste Water Treatment Plant to further reduce our reliance on River Murray water.
In addition to the projects that Council will be delivering, it will be investing the equivalent of 1 percent of its general rate revenue ($70,000) in the Renmark Paringa Business Network, for a series of initiatives aimed a supporting the local business sector to recover from the impacts of COVID-19.
Renmark Paringa Council is proposing to increase Council rates by the March Consumer Price Index rate of 2.4 percent. This increase excludes the effect that capital valuation growth may have on individual properties, as determined by the State Government’s Valuer General.
Based on the average residential property value of $254,000, the increase in rates equates to approximately $1.30 per week.
Based on benchmarking with similar sized Councils, residential rates for Renmark Paringa Council remain between 37 percent and 70 percent below what an average property will pay in 2020-2021.
Public consultation on the Draft Annual Business Plan & Budget 2020/21 commenced on 21 July 2020 and will conclude at close of business on 11 August 2020. A copy of the Draft Annual Business Plan & Budget 2020/21 and details in relation to making public submissions can be found here.
Contact: Tim Pfeiffer
Director Corporate & Community Services
Renmark Paringa Council
08 8580 3000