BELLINGEN ratepayers can now have a look at council’s draft four-year management plan.
In a report to councillors, the Director of Corporate Services, Peter Wilson, said that because of rate pegging, the four-year financial plan projects a cumulative deficit of more than $150,000.
He said the current capped rate increase of 2.6 per cent will generate only an additional $141,600 in revenue for council and so ‘the potential for further efficiencies will need to be explored’.
Under the draft plan, water charges will rise by 6.14 per cent; sewerage charges will rise by 5.08 per cent; domestic waste charges will go up by a 7.41 per cent and tip access charges will rise by 4.55 per cent.
For the next financial year, $1.136 million has been allocated for infrastructure renewal but there is no money for the development of a proposed Community Services Centre in William Street, Bellingen.
Borrowings for a $3 million upgrade of the Raleigh Works Depot will cost council $314,000 in the 2010/11 financial year.