The following media release issued by the Derwent Valley Council is published without alteration.
LAST [Thursday] night, Derwent Valley Council met to pass down their annual budget, approving a 3% increase on rates for this financial year along with a number of other increases to fund operations for the next 12 months. Derwent Valley Mayor Ben Shaw said it was a tough, but considered budget for council to work through.
“Our budget reflects the challenges and opportunities facing the Derwent Valley community; balancing the actions of the Our Valley 2030 Strategic Plan, the current financial position and the community’s ability to pay. It has been a tough year to recover from financial impacts of COVID of around $1.1 million in the last financial year.
“All operational budgets have been aligned with current issues and strategic priorities whilst also focusing on delivering efficiencies and appropriate allocation of resources. Considering our principles of long-term financial management, council has included increases to its fees and charges, to ensure cost recovery and better application of the ‘user pays’ principle.” he said.
The 2021/2022 Budget includes a number of rates rises including:
• 3% increase on general rates;
• 3% increase on the Business Promotions levy;
• 6% increase on the waste management charge; and
• An increase from $55 to $90 for the waste levy.
The 20/21 budget saw a 3.95% rates rise which was rebated back to the community as part of council’s Community Support Package. Compared to the 2020 rates figures, this year’s increase will equate to around $128 per year or $2.46 per week on the average household.
This income will allow Council to undertake $7.8 million in capital and improvement works and a number of high impact strategic projects, including:
• implementation of the first stage of the High Street redevelopment;
• improvements to Giddy Avenue and Saddle Road;
• upgrades to Tynwald Park sports facilities including new clubrooms and
• finishing improvements to the New Norfolk Esplanade including a purpose-built
• completing the Peppermint Hill Landfill study;
• improvements to the Derwent River access points;
• revitalised town entrances across the Derwent Valley;
• Humphrey Street Dog Park improvements;
• new bus shelter in Maydena; and
• maintenance of Magra CWA premises and other council-owned buildings.