2022-23 Budget

Project Overview

Mayor Ron Eason and CEO Jim Nolan would like to present to you the 2022-23 Pyrenees Shire Council DRAFT Budget. This budget builds on the Council Plan 2021-25, which was informed by the Shaping the Pyrenees deliberative engagement process last year. This Draft Budget sets out the Council's financial position for the next year and into the future. The rate cap for this budget is set by the State Government's Fair Go Rates system and this year is 1.75%. Rates, charges and fees contribute55% of the Annual Budget, Council is heavily reliant on untied Financial Assistance Grants from the Federal and State Governments. We would like you to take a look at the budget, and if you would like to provide a submission, you can do this via this Engagement Hub site, by email to pyrenees@pyrenees.vic.gov.au, or you can mail it to Budget Submissions, Pyrenees Shire Council, 5 Lawrence Street, Beaufort 3373.

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2022-23 Draft Budget Graphic

A graphical explainer of the budget

Category : News about the budget

Created On : 09 May 2022

Budget released for public consultation

2022-23 Proposed Budget Pyrenees Shire Council has prepared the Proposed Budget 2022/23, 10 year Financial Plan ending 2032, and revised Revenue and Rating Plan. Council will formally consider the following at the Ordinary June Meeting (Tuesday, 14 June): 1. Adoption of the proposed Budget 2022/23; 2. Declaration of Rates and Charges for the period 1st July 2022 to 30th June 2023; 3. Adoption of the 10 year Financial Plan ending 2032; 4. Adoption of the revised Revenue and Rating Plan.

Created On : 03 May 2022

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The 2022-23 Draft Budget is now open for submissions. Put your ideas in here, or submit something formal in the contact box.

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Budget

2022-23 Draft Budget

Revenue and Rating Plan

Ten Year Budget Document

FAQS

Council prepares a budget to calculate how much can be spent on essential services and major projects. The budget also ensures the financial sustainability of the Council.

It depends on where you are in your life. If you have young children or kids at school, you might be interested in the Maternal Child Health Service, immunisation, library services and other support provided for kids such as youth programs, upkeep of community facilities or parks and reserves. If you are in the middle stage of your life, you might value the budget items for new footpaths, drains and the capital expenditure program or the pools. If you are an older Pyrenees resident, the support programs offered by Pyrenees Community Care could be high on your priority list. There is usually something in the Council budget that affects everyone, whether it be the provision of waste services, the grading of a road or the email news you like to receive.

Council's main source of income is from rates and government grants.

Without grants from other levels of government it is not possible to provide the level of service to the community.

Council will be unable to fund some major projects and deliver some of the essential services such as aged care.

Council is forecasting to borrow $650,000 for strategic works that is for the long-term benefit of the municipality. Due to the rate cap imposed by the state government the Council needs to borrow funds for essential strategic works that cannot be paid for rates in one year.

The rate cap is set by the State Government’s Fair Go Rates System and it is 1.75% for this budget.

No the waste charge levied in 2021-22 will remain the same for the 2022-23 budget.

Council reviewed the revenue and rating strategy as part of the budget process. The differentials were reviewed to improve their equity across the municipality. Major changes were

Farm rate 70% of general rate

Commercial rate 115% of general rate

Industrial rate 115% of general rate

The 10 year financial plan sets out the financial strategy of Council over the long term rather than for 1 year. This plan ensures Council is putting in the appropriate strategies to ensure the Councils ongoing financial sustainability.

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