Wednesday, 1 May 2019
Bunbury City Council is close to finalising the 2019/20 annual budget for adoption in late June.
This will follow on from the adoption of the Fees and Charges on 14 May and the Integrated Financial Plan on 28 May.
Council has held several Budget workshops to determine the annual and long-term budgets which will promote future growth in Bunbury.
An important part of this process has been determining the community’s financial capacity to fund rate increases.
Bunbury Mayor Gary Brennan said Council relied on data sourced from the Reserve Bank and Bureau of Statistics and other reliable sources to understand the inflation rate, household debt, unemployment, annual economic growth and apply that information to the community.
“Council remains focussed on minimal rate increases taking inflation and business costs into consideration while also aiming to further reduce our asset maintenance gap and providing for City growth,” Mayor Brennan said.
“We will also remain intent on modest increases in other fees and charges however the cost of our very successful waste recycling program will increase due to international market constraints.
The proposed rate increase will be advertised for community information prior to the adoption of the budget.