Home Sector Local QLD councils post annual revenues of $7.7 billion

QLD councils post annual revenues of $7.7 billion

QLD councils post annual revenues of $7.7 billion

The recently released annual profile of Queensland local government has shown total annual revenues of $7.7 billion for the state’s councils.

The profile, complied by the Local Government Association of Queensland, includes the state’s 73 councils with 32,000 employees, serving a population of 4.1 million.

Councils were reported to have assets of $62 billion, and the general rate per capital in the state was $479 and per property $1,212.

General rates and charges generated revenues of $2 billion in the 2006-07 fiscal year, with sale of goods and services including utility charges contributing $2.88 billion to the revenues.

The latest figures available also showed councils maintained 156,000 kms of roads and constructed 1.5 million water connections as well as 1.3 million sewerage connections in 2006.

In the 2007-08 financial year, the number of new houses and apartments approvals was 43,000, valued at $19.5 billion.

The Federal Government announced this July that it was set to deliver more than $451 million to local councils in Queensland in the new fiscal year, up $71 million on the previous year.

The funding includes $366 million in Financial Assistance Grants and $85 million in Roads to Recovery funding for nominated local roads.

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