The draft Annual Business Plan provides details on how we will fund the inflationary costs for our existing services, new services and assets, and cost pressures.
The additional costs to our budget have been partially offset with over $1M of continuous improvement savings as well as $0.4M of growth revenue. This has resulted in a proposed rate increase of 1.25 per cent for 2021/22.
Council has achieved a sustainable operating surplus since 2019/20. The positive impact of operating surpluses over the last few years have accumulated to help manage Council’s overall debt in 2021/22. We are committed to maintaining this trend as a key component of Council’s long term finance strategy.
Tell us what you think of the draft Annual Business Plan and Budget and draft Long Term Financial Plan.
Visit https://playford.engagementhub.com.au to have your say. All feedback must be received by 30 May and a public hearing will be held on the 25 May if you wish to speak.