"They could have dug a little bit deeper into their reserves.
"They could have dug a little bit deeper into their reserves.
The capital works program for 2020-21 will be $23.5 million including $5.8 million for asset renewal. But he has also confirmed he owns an investment property in Wodonga for which he pays rates. It will be regularly updated as information comes to hand. "The Wodonga community has seen the benefit of the borrowings that the councillors at that time were brave enough to commit to in pursuit of delivering on a long-term vision with the delivery of key inter-generational projects that drive visitation and economic benefit for our growing city," chief executive Mark Dixon said. Popular events such as the Children's Fair, Red Carpet youth awards, Friday on My Minds community get-togethers and senior citizen celebrations have been cancelled. Budget documents reveal council spent more than $1 million on its events program in the past two years and in 2020-21 there is a reduced allocation of $724,000 with Wodonga still keen to maintain its commitment to the Upstream Festival it jointly promoted with Albury Council for the first time this year. In 2013/14, Albury council levied average rates and charges of $1353 on around 21,000 ratepayers, while Wodonga, on average, slugged its residents a hefty $2107.
The impact of COVID-19 on the economy is indisputable, but the pandemic has also created some unforeseen savings for the council with its major calendar of events an obvious victim due to strict social distancing rules still in place for the foreseeable future. obligations not due or payable by cash within the next 12 months) divided by total revenue excluding government grants, contributions for capital works and the value of assets received from developers, Surplus or deficit for the year excluding non-recurrent government grants received for capital purposes, contributions for capital works and the value of assets received from developers divided by total revenue excluding non-recurrent government grants received for capital purposes, contributions for capital works and the value of assets received from developers, Rates raised for the year divided by total revenue excluding non-recurrent government grants received for capital purposes, contributions for capital works and the value of assets received from developers, Rates raised for the year divided by the total capital improved value (i.e. The event is held in March and hopes are high restrictions on public gatherings have well and truly passed by early next year.
"This budget not only delivers a zero rate rise for our community but will see more than $30 million in capital works which represents a significant economic driver in our local economy with more than 80 per cent of those works undertaken locally by local people.".
"But we do have a lot of our businesses hurting and how do we get people back here? ", A savagely reduced events program due to the COVID-19 pandemic has helped Wodonga Council cushion the blow to its bottom line of a zero per cent rise next financial year. There are no new borrowings proposed for next financial year and no rate cap variations proposed for the next decade to offset the decision not to lift rates in 2020-21. Provision of relevant information about the effectiveness of financial management in local government including efficiency, liquidity, obligations, operating position and stability, Amount of council expenditure for each property, Value of current assets at the end of the year (i.e. Wodonga Council ticked off on a zero per cent rate rise for 2020-21 on Monday night, largely in response to the coronavirus pandemic. previous waste management levy over-charge exposed by the Ombudsman. obligations due or payable by cash within the next 12 months), Value of interest bearing loans and borrowings at the end of the year divided by rates raised for the year, Interest bearing loan and borrowing repayments for the year divided by rates raised for the year, Value of non-current liabilities at the end of year (i.e. Rate-capping's introduction in Victoria put a sudden halt to councils which had a propensity to lift rates way above CPI on a regular basis including Wodonga.. In the short clip below, you'll find out how much of your rates is spend on things like parks , planning or... Jump to.
Value of interest bearing loans and borrowings at the end of the year divided by rates raised for the year. Major capital works includes $7.4 million in stage one works at Baranduda Fields sporting complex, $5 million on the gallery-library development and $700,000 for the Les Cheesley Oval pavilion redevelopment.
The council debt is down to $16 million after topping out at more than $30 million.
Wodonga Council ticked off on a zero per cent rate rise for 2020-21 on Monday night, largely in response to the coronavirus pandemic.
But the council has made the tough call to significantly reduce operations at one of its flagship attractions, the Bonegilla Migrant Experience. This group of ratepayers, on average, experienced a 3.5 per cent increase in their rates notices between 2015–16 and 2017–18. Mayor Anna Speedie said the zero rate rise did come at a cost.
The waste charges have been estimated on the actual costs of providing waste services and not funding other services which was happening under a previous waste management levy over-charge exposed by the Ombudsman. "Under the circumstances I don't think they've given ratepayers and businesses much concession at all. However, there is a proposed increase in waste charges of $5.30, calculated on a reduction in the garbage and recycling kerbside charge of $5.40 and an increase in the waste management levy of $10.70 per household. "We've been very targeted in this budget.
Local government elections are also looming later this year. The council has also made a commitment to keeping its consultancy spend in check. "There is nearly $1 million cut to our operating budget," she said.
", https://nnimgt-a.akamaihd.net/transform/v1/crop/frm/qUHpFEMZzewme4KxrBME26/09963772-b126-4c8c-bb25-d01fab3ec1a5.jpg/r0_253_6124_3713_w1200_h678_fmax.jpg, $5.2 million in funding for schools was a happy surprise, Mobile food vans could soon be coming to a small town near you, Wodonga election candidates have their say, Charity tin, tip jar thefts labelled a 'low act' by magistrate, Haines says Liberal senator's attacks on her are 'quite odd', Hope under-30s will buy local to help COVID-hit traders, No bushfire prevention funding in budget, but it could still be to come, Coronavirus testing centre established at Benalla in last 24 hours. Wodonga City Council Voting Details - published 28 September 2020 (pdf, 264.0 kb) Wodonga City Council Notice of Election - published 31 August 2020 (pdf, 356.5 kb) Wodonga City Council Close of Roll notice - published 8 August 2020 (pdf, 248.4 kb) Important dates "I think we are going to swing into the domestic (tourism) market as people can't travel overseas and people are going to look to reconnect with family and friends.". ocal government elections are also looming later this year. Budget 2020-2021_Where do your rates go? "We've been very targeted in this budget. It represents about a $32 saving on rates for the average residential property owner who will be paying $1974.40 in combined rates and charges in 2020-21.
Councillors trumpeted on budget night there were no new borrowings for the eighth successive year and its present debt of around $16 million had a "low" rating under the Auditor-General's measure of debt risk. But in an interesting revelation Wodonga's contribution to joint initiatives between itself and Albury under the Two Cities, One Community partnership is nearly $130,000 down from the $290,000 figure allocated for the present financial year. The impact of COVID-19 on the economy is indisputable, but the pandemic has also created some unforeseen savings for the council with its major calendar of events an obvious victim due to strict social distancing rules still in place for the foreseeable future. But the total capital works program includes a carry-over $10.12 million worth of projects due to delays experienced since January such as the library redevelopment and gas gate installation at Logic industrial hub. "Councillors and senior management could have also taken a pay cut to show some more compassion and understanding towards ratepayers. Rate-capping's introduction in Victoria put a sudden halt to councils which had a propensity to lift rates way above CPI on a regular basis including Wodonga.. The council debt is down to $16 million after topping out at more than $30 million. "It is the least they could do considering the fiasco with the waste management levy," he said. Popular events such as the Children's Fair, Red Carpet youth awards, Friday on My Minds community get-togethers and senior citizen celebrations have been cancelled. But Wodonga Ratepayers Association president Allan Bounader believed ratepayers were long overdue for some respite from city hall with local government elections also on the horizon. "I think we are going to swing into the domestic (tourism) market as people can't travel overseas and people are going to look to reconnect with family and friends."
IN OTHER NEWS The council's rates and charges revenue from 2020-21 is $47.1 million with a projected surplus of $11.5 million. The council has also made a commitment to keeping its consultancy spend in check. "This budget not only delivers a zero rate rise for our community but will see more than $30 million in capital works which represents a significant economic driver in our local economy with more than 80 per cent of those works undertaken locally by local people."
Tourism development and marketing spend is up nearly $100,0000 as council attempts to woo domestic visitors to the city in the absence of being able to travel overseas due to COVID-19.
Wodonga City (2018-2019) ... Wodonga City Council Says... No material variations. The MAV figures say Wodonga’s average rate notice, that includes commercial and retail property, is just less than $2000 — $400 more than the Victorian average.
But it wasn't so long ago when council had a debt of more than $30 million and a "high" rating.. The budget will be adopted on June 29. https://nnimgt-a.akamaihd.net/transform/v1/crop/frm/qUHpFEMZzewme4KxrBME26/6f7637ec-6feb-4a74-b5c2-f1c95acf9093.jpg/r11_252_4915_3023_w1200_h678_fmax.jpg. Wodonga Council ticked off on a zero per cent rate rise for 2020-21 on Monday night, largely in response to the coronavirus pandemic. "There is nearly $1 million cut to our operating budget," she said.
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