{"id":39700,"date":"2020-07-10T00:42:53","date_gmt":"2020-07-09T14:42:53","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/?p=39700"},"modified":"2020-07-13T17:13:17","modified_gmt":"2020-07-13T07:13:17","slug":"shire-long-term-financial-health","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/news\/shire-long-term-financial-health\/","title":{"rendered":"Concerns over Surf Coast\u2019s long-term financial health"},"content":{"rendered":"

SURF Coast Shire councillors have voiced varying levels of concern about the council’s long-term financial health.
\nThe June 23 meeting included the adoption of the 2020-21 budget but discussions went well beyond the next financial year, as Cr James McIntyre<\/a> moved an amendment acknowledging deficits forecast for the shire in future years.
\nCr McIntyre\u2019s amendment added to the motion that council \u201cnotes that the Long Term Financial Plan at Appendix G of the Draft Budget 2020-21 provides for a series of unallocated cash deficits, commencing with $177,000 in 2023-24, and peaking as high as at $2,111,000 in 2027-28,\u201d and \u201cacknowledges that it faces a Long Term Financial challenge and the importance of affirming a strategy to address this matter\u201d.
\nCr McIntyre said he was not just concerned with the figures but how they had been conveyed.
\n\u201cThere was a big difference between that which was put out in the draft budget for public consultation versus what we\u2019re now being asked to adopt, and the purpose of my amendment to the motion was simply to highlight to the community we are well aware of the financial pressures we are facing\u2026 and we are taking steps to try to reduce that going forward.\u201d
\nOther councillors showed greater optimism over the council’s financial future.
\nCr Martin Duke said he agreed with Cr McIntyre about the need to be mindful of future challenges but did not believe the situation was a negative as the forecasts suggested.
\n\u201cAs you said, we need to be proactive and make sure we can continue those savings that have been coming in year on year for the last few years.
\n\u201cWhen I first came onto council they also said in 2016 we\u2019d be having a deficit but we\u2019ve managed to stay out of that so far.\u201d
\nCr David Bell also noted concerning forecasts in the past had not eventuated and believed council would make the necessary adjustments.
\n\u201cIf you start predicting out into the future, it becomes obscure what may happen.
\n\u201cSince I came onto council in 2012 there have been, at various times, dire predictions about where our budgets would take us. I think it is very good to acknowledge that on the current situation and the forecasts we have made there is the potential for a deficit in the budget in the future.
\n\u201cI am sure we have not been going blindly into an abyss\u2026 with the application of our officers and our own intelligence, we will make the future brighter than it might seem at the moment.\u201d
\nThis year\u2019s budget will still see the council achieve a small unallocated cash surplus, despite the challenges of the coronavirus.
\nCr Goldsworthy said the council were in the process of making the necessary changes to avoid financial peril.
\n\u201cThere has been a significant amount of progressive reform that\u2019s been happening over the past four years. Yes, more needs to be done, and it potentially has to be done at a faster rate. That will come at a cost to council and the community that we will have to give up certain services that we would regard as non-essential.\u201d
\nThe budget, along with Cr McIntyre’s amendments was passed. All councillors voted in favour apart from Cr Heather Wellington, who opposed the 2 per cent increase in rates.<\/p>\n","protected":false},"excerpt":{"rendered":"

SURF Coast Shire councillors have voiced varying levels of concern about the council’s long-term financial health. The June 23 meeting included the adoption of the 2020-21 budget but discussions went well beyond the next financial year, as Cr James McIntyre moved an amendment acknowledging deficits forecast for the shire in future years. Cr McIntyre\u2019s amendment […]<\/p>\n

Read More…<\/a><\/p>\n","protected":false},"author":151,"featured_media":39841,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7],"tags":[],"post_folder":[],"class_list":["post-39700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"\nConcerns over Surf Coast\u2019s long-term financial health - Surf Coast Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/news\/shire-long-term-financial-health\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Concerns over Surf Coast\u2019s long-term financial health - Surf Coast Times\" \/>\n<meta property=\"og:description\" content=\"SURF Coast Shire councillors have voiced varying levels of concern about the council’s long-term financial health. 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