Logan City Council has today delivered a ‘back to the future’ 2018/2019 budget with investment in innovation and a strong commitment to support ratepayers by keeping bottom-line rates increase below CPI for the second consecutive year.
The centrepiece of the $850 million budget is a $12 million transformation of one of the city’s oldest buildings, the Kingston Butter Factory, into an icon of innovation that will attract entrepreneurship, create new business and host world-class events and entertainment.
Acting Mayor, Councillor Cherie Dalley, said it was one of the many projects and infrastructure investments delivered in this year’s budget that would ensure sustainable growth and smart development of the city.
“We’ve been in an increasingly strong financial position for the last few years and we’re reaping the benefits of that now,” Cr Dalley said.
“For the second consecutive year we’ve been able to keep rates below CPI with a bottom-line rate increase of 1.48 per cent for the majority of our residential ratepayers, one of several measures aimed at making ratepayers’ lives a little easier.
“We believe in the importance of innovation in our city and we’ve put our money where our mouth is with $12 million set aside to upgrade and build an innovation hub inside the Kingston Butter Factory, to help foster entrepreneurship and provide a space for new business and investment.
“This landmark project is indicative of who we are as a city – innovative and exciting while preserving our proud heritage. While we must recognise our past, we also have a firm eye on the future.
“We are in a strong financial position with a consolidated budget of $850 million and an operating surplus of $12.8 million and that’s allowed us to deliver a winning budget for Logan.”
Roads funding is also a big budget winner, with capital expenditure increasing to $120 million, up $20 million on last year, with a boost of $12 million over the next five years for the delivery of a kerb and stormwater drainage program.
Council’s commitment to a greener future also continues and is backed by $8.7 million for the environment, with funding secured for the Albert and Logan River Vision and programs to protect our natural habitats from invasive weeds and plants.
City Treasurer, Councillor Trevina Schwarz, said the budget was delivering on essentials to better assist ratepayers.
Cr Schwarz highlighted savings measures such as a freeze on Council water and sewerage charges, the scrapping of credit card fees and improved hardship measures.
A bottom-line rate increase of 1.48 per cent will mean an annual increase of $38.76 or 75 cents per week for the majority of residential ratepayers.
The pensioner remission has been increased by 2 per cent to $339.20 for maximum rate pensioners and $169.60 for non-maximum rate pensioners.
“I’m extremely proud to deliver the 2018/2019 budget, my third as Treasurer, to the Logan community,” Cr Schwarz said.
“While the City of Logan continues to grow and prosper, we want to ensure our ratepayers aren’t slugged with excessive rates and fees. That’s why we’ve worked hard to identify where we can help customers with their own budgets. This budget will be the envy of other South-East Queensland councils.
“I believe we’ve got the balance right for the City of Logan, for mums and dads and families, and by putting ratepayers’ money where it is most needed.”
2018/2019 budget highlights include:
- $12 million to build the city’s first purpose-built innovation hub at the Kingston Butter Factory
- $12 million to accelerate kerb and stormwater drainage upgrades on top of existing funded
- A bottom-line rates increase of 1.48 per cent, the second consecutive year it has been under the Brisbane CPI (this year at 1.7 per cent)
- Council water and sewerage charges unchanged for the second year running (bulk water charges are set by the Queensland Government)
- The installation of three 100 kilowatt solar PV systems at Council facilities to generate ongoing electricity cost savings and carbon emission reductions
- Improved hardship measures for ratepayers and the scrapping of credit card fees
- More resources allocated to Council’s traineeship program, helping young Logan residents prepare for the workforce
- Funding to deliver the Albert and Logan River visions, aimed at improving the quality of our waterways
- Funding to further develop Council’s sporting masterplans to create active spaces for families
Across the city, we are investing:
- $304 million on water and sewerage services
- $226.8 million on roads, drainage and engineering services
- $64.4 million on parks management and maintenance
- $52.2 on community infrastructure
- $38.9 on waste management
Additionally, we are funding:
- $16.5 million for libraries and cultural services
- $10.1 million for animal and pest services
- $8.7 million for environmental services