Power and Water increases to hit rates
Posted on 22 Nov, 2012
MEDIA RELEASE
22 November 2012
immediate release
Power and water increases to hit rates
The Alice Springs Town Council will, unfortunately, be compelled to pass on the recently announced Power and Water Corporation price increases.
Mayor Ryan said “Council has always tried to keep rate increases to a minimum and therefore any additional significant costs simply cannot be absorbed within next year’s proposed budget.”
Council will undergo an immediate budget review on the 10th December as well as looking at implementing ongoing energy efficiency measures across the organisation.
“Due to this dramatic increases in power and water cost, a rate rise is certain, however just how much will be determined pending the outcome of the 2013/2014 budget preparations and ongoing energy efficiency measures.” said Mayor Ryan.
Based on current budget estimates, the increases in power, water and sewer cost to Council for the six month period between January and June 2013 are $375,000. For the 2013/2014 financial year Council will then need to find a further $750,000 to cover forecasted Power and Water corporation price increase.
“Council realises the pressure this places on ratepayers and will certainly do all that it can to keep these increases to a minimum.” said Mayor Ryan.
Council will continue to work with the Local Government Association NT (LGANT), to lobby the NT Government on these matters.
ends
For further information contact:
Damien Ryan (Mayor) M: 0428 825 392
Rex Mooney (CEO) M: 0427 161 956