Banana Shire Council releases budget for 2023/24
In trend with other local government areas including Gladstone, Isaac and Livingstone, residents living in the Banana Shire Council area will see a rise in rates for the next financial year.
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A waterpark in Biloela and a museum in Moura are two big ticket items on the books for Banana Shire Council in the year ahead, as it adopts a $120 million operating budget this financial year.
The 2023/24 budget was handed down at a special council meeting earlier this week, with BSC projecting an operating surplus around $3 million and residents hit with an average four per cent rate rise - sitting below the state’s seven per cent CPI.
Following significant flood damage to the region that occurred in late 2021, this financial year’s budget will include $10 million worth of repairs as part of a $60 million funding initiative from the Queensland Reconstruction Authority.
Of the employment required for the work, more than half will be completed through local contractors.
The rate rises are comparable with the previous two financial years, when they rose by three to four percent for most ratepayers.
This budget also provides for a large capital works program, with a total spend of $48.72 million, about half of which will be funded by external sources.
Major works delivered
Deearne Road – Gravel Resheeting: $1,695,106
Shire Urban Reseal: $1,135,145
Three Chain Road Reconstruction: $1,084,792
Defence Road – Gravel Resheeting: $574,196
Moura Pool Amenities & Shade Sail Upgrades: $524,533
Biloela Treatment Plant Electrical Renewal: $519,538
Water Treatment Plant Existing Clarifier Replacement: $483,391
Shire Rural Reseals: $457,144
Lawrence Street Footpath: $439,011
The Bend Road-Dawson River: $271,720
Major projects in this budget
Moura Library/Museum: $7,300,000
Banana Shire Waste Management Facility: $5,401,000
Cracow Road Upgrade: $4,078,000
Biloela Waterpark: $2,973,000
Injune Road Upgrade: $2,529,000
Theodore Heavy Vehicle Bypass: $2,130,000
Orange Creek Road Rehabilitation: $1,801,000
Harsants Road Gravel Resheeting: $1,400,000
Deanne Road Gravel Resheeting: $1,011,000
Rate rises in neighbouring councils this year
Isaac Regional Council: 4 per cent
Central Highlands Regional Council: 3 per cent
Mackay Regional Council: 3.8 per cent
Bundaberg Regional Council: 0 per cent
Livingstone Shire Council: 6.5 per cent
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Originally published as Banana Shire Council releases budget for 2023/24