Where is the Money Coming From and Going To …
An interesting little brochure was delivered into our mail box here in Hervey Bay today. It’s the August-September issue of the Fraser Coast Regional Council’s newsletter. Among other things it reveals where the Council gets it’s income and where it spends it.
From the income side of things we can see that 33% comes from general rates - 17% comes from loans - 16% comes from utility charges and levies - 14% comes from grants and subsidies - 11% comes from fees and charges - 5% comes from dividends - 3% comes from developer contributions and 1% comes from interest revenue.
Expenditure is a bit more complex with 32% going on roads - 16% going on administraion - 9% going on drainage - 8% being spent on the airport - 6% being spent on cultural and community facilities - a further 6% is spent on parks - 5% spent on water - 5% spent on waste - 5% spent on sewerage - 4% spent on coastal management and a further 4% spent on recreational facilities.
