Adoption of 2019/20 Rating Strategy and Budget Secures Town’s Financial Position

Published on Thursday, 27 June 2019 at 1:26:55 PM

A record capital works investment program delivered through prudent financial management has been secured through the 2019/20 Annual Budget’s adoption.

Elected Members also adopted the revised 2019/20 Rating Strategy, achieving a fair and equitable cross category rates yield for the coming financial year.

Key budget highlights include a $3 million road renewal program, $1 million footpath renewal program, $1.2 million playground replacement program and $4 million for the Stevens Street Retirement Village.

“I’m pleased the JD Hardie Youth Zone has received $4 million for modernisation and renewal to benefit our young people, and $3.7 million has been allocated to a community recycling centre to improve our sustainability.

Further, the adoption of the fees and charges schedule has seen a reduction in cemetery fees, listening to concerns raised by residents.

There has been an increase in building fees as a result of a review undertaken by the Department of Mines, Industry Regulation and Safety.

Mayor Camilo Blanco welcomed the adoption of these significant financial agenda items, pointing to their importance in providing certainty and accountability moving forward.

 “I’d like to commend the Town for crafting a budget which presses go on the biggest capital works program Hedland has seen.

 “Due to a sustained rates yield, we have been able to fund the investments our built environment requires to stay liveable and attractive to families.

 “We’re now well on the way to meeting the objectives set out in the Strategic Community Plan 2018-2028, and our vision to be Australia’s leading port town.

 “The new bin service fee is to fund the outcomes of the Disability Access and Inclusion Plan, making sure accessibility and inclusion is at the forefront of project delivery and everyone feels a part of Hedland.

 “We’ve also amalgamated some of the rating categories, which means more uniformity and consistency when collecting rates from properties.

“We’re operating on a municipal surplus, meaning we’re in the black and spending rate payer money responsibly, sustainably and effectively.

 “It is important to note that due to the diligence and financial planning skills of our staff, the Town of Port Hedland is completely debt free after making the decision to fully pay out its loans. This is a major step in the right direction for town.

 “I encourage everyone to peruse the budget document online and have a look at the great projects which are planned for the coming year.”

 Click here to access the 2019/20 Annual Budget Document.

 Please see below for general and minimum rates for the 2019/20 financial year:

For media information
Laura Hawes, Manager Marketing Events and Communications
(08) 9158 9365
lhawes@porthedland.wa.gov.au

Back to All News