Currently, there is an annual shortfall of $25 million to $35 million for Council to continue to provide maintenance and services across the city and restore reserves which will enable us to respond in an emergency event.
We will be taking a number of actions to sustain and improve operations and increase revenue and efficiencies to close the gap on income and expenses. This includes the preparation of an updated Resourcing Strategy which is on public exhibition.
If approved and endorsed, the rate variation would come into effect from 1 July 2024.