Big land value increases, but only a small rate rise

Published: Comments:
Community Lifestyle Money & Finance Noosa Council

Social:   

Noosa Council today adopted its $128M 2018/2019 budget.

It includes a $29M capital works program on top of the $26M required to simply maintain assets such as roads, bridges, parks and buildings.

Big-ticket capital program commitments include completion of both the Park Road Boardwalk and the Noosaville Library refurbishment, $2.5M to upgrade various bridges, $4.2M for road resealing and $1.25M to progress Cooroy’s iconic hinterland playground.

Various improvements will be made to community halls, and $925,000 will go to community groups via Council's grants program.

Mayor Tony Wellington says the minimum general rate will rise by 1.9%, in line with CPI and the Local Government Association of Queensland’s Cost Index, which measures the annual increase required to deliver council services each year.

"Council has kept the rise minimal, even though Noosa land values rose by an average of 11% in the past year," the Mayor said. "In fact, total land value in the Shire jumped from $8 billion to $8.9 billion.

“We’ve made every effort to minimise the effect of valuation increases on our ratepayers’ hip pockets. For the 66% of ratepayers on the minimum general rate, the 1.9% increase amounts to around $21, before the early payment discount is applied.

“This CPI-based increase will help Council meet the rising cost of doing business so that we continue to provide a high level of service to the community.”

Levies remain unchanged. However, with regards to the Tourism Levy, properties let for short-stay accommodation will experience different rates in the dollar depending on whether they are home-hosted or else entire properties being let. Properties that are principle places of residence, and thus simply renting out spare bedrooms, will pay one third of the levy as compared with equivalent properties with a similar land value that are being let in their entirety. Whole apartments or houses let for short-stay accommodation will pay the full levy.”

The waste charge will rise by $15 annually to help cover the increased cost of recycling.

“This increase is simply unavoidable," the Mayor said. "All councils are grappling with higher recycling costs in the wake of China’s ban on foreign recyclables.

"Ratepayers with higher than average land values will welcome the change to our early payment discount. Council has scrapped the $200 cap on the discount, so everyone can enjoy the full 5% discount benefit.

“With the discount applied, ratepayers on the minimum general rate will see an overall annual increase of just under $35 or 67 cents per week. This includes the CPI rate increase and the slightly higher waste charge.

"We have done everything we can to keep rate rises to the bare minimum and also to cap our levies for the upcoming financial year. We did that because we knew there would be an increase in waste charges, and also because of the significant land valuation increases Noosa has experienced.

“This budget will ensure we continue to provide a high level of service with minimal financial impact on a large number of our ratepayers, as well as investing in new initiatives and infrastructure projects,” the Mayor said.

 
Noosa Council : View Full Profile
9 Pelican Street, Tewantin
07 5329 6500
Noosa Council
Showing 10+ recent articles for this business
Nominate now to join Council's heritage advisory group 24 September 2018 | Council is calling for nominations to fill vacant positions on the Noosa Heritage Reference Group. More information...
Apply now for RADF and Community Project grants 19 September 2018 | Council is calling for applications for the next round of Regional Arts Development Fund (RADF) and Community Project Grants. More information...
No quiet time at Noosaville Library as refurbishment enters final phase 13 September 2018 | The $1.7million revamp of the Noosaville Library is on track to re-open in late November. More information...
Changing of the guard for Local Disaster Management Group 13 September 2018 | Through floods, fires, cyclones and even oil spills – Noosa Council’s Alan ‘Fox’ Rogers has been a trusted voice through some of the region’s worst disasters. More information...
Peregian Digital Hub open for business 12 September 2018 | Council’s plan to broaden Noosa’s digital footprint took a leap forward today with the official opening of the $3M Peregian Digital Hub. More information...
Calling SME Owners looking to grow your business through innovation: 9 Oct – 15 Nov 2018 10 September 2018 | We are pleased to advise that the INNOVATION MASTER CLASS will run at the Peregian Beach Digital Hub with a series of five half-day workshops running from 9 October to 15 November. More information...
Peregian patrols to continue after agreement reached between parties 06 September 2018 | The red and yellow flags will continue to fly high at Peregian Beach this summer after an agreement was reached between Noosa Council, Surf Life Saving Queensland (SLSQ), Noosa Heads SLSC, and the SLSQ’s Suns... More information...
It's Show time ... Noosa Council ready to join in the fun 31 August 2018 | Council staff will be on hand to add to the community spirit of this year's Noosa Country Show with a huge range of giveaways, demonstrations and activities for all ages. More information...
Council weighs up pros and cons of potential TAFE site purchase 31 August 2018 | A due diligence report investigating the future of the former Tewantin TAFE site has highlighted the potential costs to ratepayers should Council decide to purchase the property from the State Government. More information...
Four-hour parking to give National Park visitors a fair go 28 August 2018 | Council is set to make parking arrangements at Noosa National Park fairer from Monday 3 September, with the introduction of time-regulated parking. More information...



Social:   
comments powered by Disqus

All articles submitted by third parties or written by My Sunshine Coast come under our Disclaimer / Terms of Service