Your Say On Financial Sustainability
Bass Coast Shire Council is asking all ratepayers and residents to have input on the financial sustainability and future of the region.
Consultation sessions will be held in Wonthaggi and Cowes to gather feedback from ratepayers on the draft rating strategy and Securing Bass Coast’s Future – a long term financial plan.
Bass Coast Mayor, Cr Kimberley Brown, said Council approved the two draft documents to be released for consultation.
“Securing Bass Coast’s Future, our long term financial plan, will help Council make, and understand the impact of, financial decisions – now and into the future,” explained Cr Brown.
“To achieve financial sustainability we are considering capping operational costs at 3.5 per cent, reducing our infrastructure renewal gap and only borrowing to help fund new major assets such as cultural centres and aquatic facilities.”
The draft rating strategy will help decide how the cost of rates is shared by different property types, not how much Council will collect in rates.
“The amount that Council collects in rates is set by the long term financial plan and Council’s budget,” continued Cr Brown.
“The rating strategy decides how much each property type, such as farming, residential and commercial will contribute to the overall amount.
“We’ve created five options for feedback or you may come up with other options also for us to investigate.”
Cr Brown said this is the first time Council had prepared a rating strategy and provided clear examples and options for the the community to discuss.
“I’m really excited to hear from our community and find out what their preferred options are,” Cr Brown said.
Council is seeking community input through a number of channels, including the online web form, written submissions, and at one-on-one consultation sessions. These sessions will be held at the Old Wonthaggi Post Office, corner of McBride Avenue and Watt Street, on Wednesday, 25 March and the Cowes Cultural Centre, 92-97 Thompson Avenue, Cowes on Thursday, 26 March.
Both sessions will run from 4.00pm to 7.00pm.
More information and the full documents are available from www.basscoast.vic.gov.au/ratestrategy.