Out of Control Budgets & Rate Increases

Last night on channel 7 today tonight – Council Rates through the roof

Budget management has a lot to contribute to rate increases – fixing budget and service management deficiencies, the manageable causal sources of rate hikes, is the first priority. This means fundamental reforms in budget methodologies, keeping to core services for rate charging, not overspending given state budgets for other services, changing work culture to spend what is affordable, increasing performance accountability & reporting, etc. Ratepayers have yet to see the new emerging trend in councils creating debts for the community, which is being revealed more into public eyes by the extraordinary blowout of Council employees’ defined benefit superannuation liability!

16 May Press Release – Review Findings: Councils’ Financial Management & Rating Practices

Press Release has been issued to highlight the major concerns discovered in the review of several councils’ financial management and rating practices. A recent April 2012 audit report on council’s performance reporting practices is currently available on the VAGO webpage  and the issues reported also impact rate pricing and confirm some of our investigation findings. Also see pages inquiry projects and election matters.