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Council surplus for 2021/22 budget

Devonport City Council Tasmania Devonport City Council’s draft 2021/22 Budget shows a solid result with a proposed operating surplus, modest rate increase and a strong capital works program. Devonport Mayor Annette Rockliff said the local economy remains robust and the current forecast indicates Council’s 20/21 operating result, in an unpredictable COVID-19 environment being far better than the original estimate of a $2.2 million deficit. “Council has developed a responsible budget for the next financial year and is pleased to be able to estimate a net operating surplus of $458,814, ensuring long-term financial sustainability, following a year which required radical action due to the pandemic,” Cr Rockliff said.

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