Budget
PROPOSED BUDGET FOR THE FINANCIAL YEAR 1 JULY 2012 TO 30 JUNE 2013
At its Special Meeting of Council held on 8 May 2012, the Council resolved that the Budget of Expenditure and Income relating to the 2012/2013 financial year, as presented to that meeting, be prepared.
The Budget relates to the year commencing on 1 July 2012 and concluding on 30 June 2013 and discloses that;
a) As at 30 June 2012 the total amount borrowed by Council will be
$1.736m;
b) There will be borrowings of
$2.2m during the financial year;
c)
$0.467m of the amount borrowed by Council will be redeemed during the financial year;
d) As at 30 June 2013 the projected amount of Council Borrowings is
$3.469m
e) The cost of servicing the borrowings during the Financial Year is projected to be
$0.275m;
f) A Municipal Charge of
$226.90 is proposed to be levied;
g) There is no minimum rate proposed;
h) The following annual service charges are proposed to be declared for the kerb side collection of refuse:
a) 80 litre bin
$135.70
b) 140 litre bin
$258.50
c) 240 litre bin
$401.95
d) Additional 140 litre bin
$284.25
e) Additional 240 litre bin
$442.10
i) The following annual service charge is proposed for the kerbside collection and disposal of recyclables, recovery of cost of maintenance cleaning of all street and public bins, maintenance of the Resource Recovery Centre, Waste Education initiatives, litter control, maintenance and servicing of all public place waste/recycle infrastructure.
a) 240 litre bin (Including waste services charge)
$154.90
b) Additional Bin
$120.45
j) The following annual service charges are proposed to be declared for the recovery of cost of maintenance cleaning of all street and public bins, maintenance of the Resource Recovery Centre, Waste education initiatives, litter control, maintenance and servicing of all public waste/recycle infrastructure.
a) Waste Services Charge (excluding Recycle Bin Pickup)
$95.25
For those rateable properties that do not have a roadside recyclable collection service.
k) A General Rate be declared in respect of the period 1 July 2012 to 30 June 2013 to be raised by the application of Differential Rates.
l) That the rate in the dollar for each type of rate to be levied by the Council will be determined by multiplying the Capital Improved Value of each category of rateable land by the rate in the dollar indicated;
(i) Vacant Land 0.4070 of a cent in the dollar
(ii) Residential Improved Land 0.2838 of a cent in the dollar
(iii) Rural Residential Land 0.2724 of a cent in the dollar
(iv) Farm Land 0.2143 of a cent in the dollar
(v) Commercial Land 0.4224 of a cent in the dollar
(vi) Industrial Improved Land 0.4400 of a cent in the dollar
(vii) Recreational and Cultural Land Act Rates as determined by Council under the Cultural and Recreational Land Act:
Copies of the 2012/2013 Mansfield Shire Budget document are available for inspection at the municipal office, 33 Highett Street, Mansfield, during normal office hours for a period of twenty eight days after publication of this notice, or on Council’s website, www.mansfield.vic.gov.au.
Any person seeking to make a written submission on the proposed Budget must do so before 5.00pm on Thursday, 14 June 2012.
Submissions should be marked ”budget submission” and addressed to:
Chief Executive Officer
Mansfield Shire Council
Private Bag 1000
MANSFIELD VIC 3724
All submissions will be considered in accordance with Section 223 of the Act.
The Council or a Committee will meet prior to Tuesday, 19 June 2012 to consider any submission received. Council will determine upon the adoption of the 2012/2013 Budget at a Special meeting of Council to be held at the municipal office, 33 Highett Street, Mansfield, commencing at 6.00pm on Monday, 26 June 2012.
Any person requiring further information in relation to the 2012/2013 Budget, the making of a written submission or the Special meeting of Council scheduled for 26 June 2012, should contact Council’s Finance Manager, Mr David Butler, on 5775 8555.