Council budget break-down

Tweed Shire Council director of technology and corporate services Troy Green.
Tweed Shire Council director of technology and corporate services Troy Green. John Gass

TWEED Shire Council will spend $182 million in next year's budget.

In a draft budget councillors released for public comment yesterday, the total figure includes $8.68 million to be spent on roads.

There is also $200,000 for capital works at the Tweed Heads South aquatic centre, $150,000 towards the construction of the Margaret Olley Centre at the Tweed Regional Art Gallery, $50,000 for work at Point Danger lighthouse, and $80,000 towards the Koala Plan of Management.

Council director of technology and corporate services Troy Green said the 2012/2013 budget was the last for the Seven-Year Infrastructure and Services Plan and rates will rise.

"For a property with the full services of water, sewerage, garbage and ordinary rates the minimum residential and farmland rate bill will be $2013.60 and the minimum business rate bill will be $2078.15," Mr Green said.

This represents a total increase of 8.36% for residential and farmland and 8.35 per cent for business.

"However, individual properties' rates may increase or decrease by various percentages in 2012/2013 due to the fact that the Valuer General undertook a revaluation in 2011."Properties across the Shire on average decreased in value by 12.76% from the 2008 valuation.

Mr Green said it was the first time even values had decreased in the Tweed.

"This means that the properties whose values reduced by 12.76% will pay the same as last year plus the percentage increase of 7.9 to 8.36%, depending on services available at the property," he said.

"Properties with a valuation decrease greater than 12.76% may see their rates not increase by the full 7.9 to 8.36% and in some cases where the valuation dropped significantly, may actually see their rates decrease from their previous assessment.

Topics:  budget, margaret olley, tweed shire council



Local Real Estate

Featured Real Estate
Magnificent Ocean and... $435,000
House 2 1 1
Waterfront Home with... $525,000
House 4 2 2
Van & Boat Owners this... $449,000
House 4 2 2
STEEL FRAME HOMES OWNER... STEEL FRAME HOMES OWNER BUILDERS Great deals to suite each Individual. Quality, ...

Featured Jobs

finda logo

Tweed jobs listed daily



Local Partners

LATEST DEALS AND OFFERS

Job Listings

Search for your next job now.
Learn More

Cars For Sale

Find cars for sale online now.
Learn More

Property Listings

Search for a property online right now.
Learn More

Local Profile

Stay Connected

Get the news as it happens, in your inbox

You can change the newsletters you are subscribed to when you edit your profile

Edit Profile


Special Offers

Latest deals and offers

Horoscopes

Virgo

You may feel that the foundation on which your goals and ideas are built is a little shaky. When your confidence is wavering, try looking to...

read more

Marketplace

Special Offers & Promotions

Compare & Save