Toowoomba Regional Council today (June 13) adopted its 2022-23 Budget, Operational Plan and Revenue Statement.
Toowoomba Region Mayor Paul Antonio said Council’s $519 million financial plan would maintain and upgrade existing services and facilities while planning for a brighter future for current and successive generations.
“The Budget reflects the priorities outlined in the Operational Plan (for the 2022-23 financial year) and Council’s Corporate Plan (2019-2024),” Mayor Antonio said.
“Council remains committed to implementing a responsible and calculated financial approach in its Budget planning and delivery.
“We have a responsibility to plan for maintenance and upgrades to our existing infrastructure to guarantee the long-term viability of essential services to residents.
“Fortunately, Council’s solid financial footing has allowed us to develop a $159 million capital program along with an operating Budget component of $360 million.
“A capital allocation of $69.49 million for asset renewal in this Budget emphasises Council’s strong focus on investing in infrastructure renewal programs across our extensive water, wastewater and road networks, plus other community assets, to look after what we have built in the past.
