If you have read some prior posts you would be aware that Council embarked on a review in November 2012 of its assets. All assets were identified and their condition logged. The next step the Council took was to work with the community on acceptable levels of service for asset. Thresholds that trigger projects to renew assets were produced. From this information, Council officers have been able to determine the funding levels required to maintain Council assets to an acceptable condition. The (not surprising) outcome was that increased levels of funding are required.
The next phase of this project is to determine source of funds for asset renewal. One source of funding is from business efficiency improvements another way is by getting approval for a Special Rate Variation.
If Council obtains permission to seek a spacial rate variation, all ratepayers will be engaged and their support sought.