Southern Free Times - 06th August 2015

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Week commencing Thursday, 6 August | 2015 | Edition 791

Scott’s stepping down

They’re e off and racing

Hard yards for a cure e

Local sports wrap

PAGE 2

PAGE 6

PAGE 7

PAGES 22-23

WOOD HEATERS

All they want is a fair go

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ber of factors went into the forecast. “The report itself is based on 4 per cent rates, based on dropping the number of staff by about another 20, based on all these other factors coming into line. That sees the debt being paid off over that period of time,” he said. He also mentioned that any additional borrowing would no longer be the council’s choice. Continued on page 3

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utilities reflect full cost recovery” and if “council maintains a consistent ratings increase of 4 per cent per annum.” It was calculated with repayments being made over the next 10 years and with no further loans intended. Under the plan, debt would be reduced by around $2 million a year with a forecast of a $10.2 million debt in 2025. Southern Downs Regional Council CEO David Keenan said a num-

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IN a report presented at the last council’s general meeting, the true amount of Warwick and Stanthorpe’s debt before amalgamation was revealed. Warwick Shire Council’s debt was $11.2 million and Stanthorpe Shire Council’s was $2.8 million, combining for a total of $14 million at the time of amalgamation. That number has now blown out to $29.9

million as of 30 June 2015. Warwick’s Aquatic Centre contributed the largest single amount of debt at amalgamation with $2.4 million while the Stanthorpe TAFE set them back $1.1 million. Council’s long-term financial plan was also presented at the meeting. According to the Southern Downs Regional Council’s budget breakdown, the forecast was completed, assuming “new borrowings are not undertaken and charges for

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OPPOSITION Leader and Southern Downs MP Lawrence Springborg met with frustrated volunteer firefighters Graeme Davis, Chris Wren, Nev Winter, John Boucher, Roni Bau and Trevor Crisp to discuss the ALPs new proposed Bill that would require volunteer firefighters to attend a large amount of fires over a short amount of time to be covered for certain cancers in the future. For the full story, turn to page 5. 142616

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