Toowoomba Regional Council releases its water rates notices

Residents throughout the Toowoomba Region will begin receiving water rates notices from the end of this week.

Toowoomba Regional Council Chair of Finance and Business Strategy Committee Councillor Mike Williams said Council had adopted a split pricing approach for the first time this year.

“For the 2018/19 financial year we planned a split pricing approach to ensure the water business remains on a sustainable path,” he said.

“Unlike many other Councils, we operate our own extensive water network that supplies clean water to over 160,000 consumers.

“The notices will be split in to two categories - residential properties and non-residential properties.

“By using the split pricing approach, the impact on water rates notices will vary depending on the property category and level of water consumption.

The water rates notices for the two categories are as follows:

“Council has a legislative responsibility to ensure infrastructure assets are sustainably managed and maintained. 

“Our water business consists of over $1.4billion in infrastructure, which is in need of significant renewal or replacement investment; this is the primary contributor to the change in water pricing, Cr Williams said.

“To ensure this is a responsible approach, Council has received independent advice from the Queensland Treasury Corporation (QTC). Following their comprehensive review the QTC have supported a change to Council’s water pricing regime and the positive influence this will have on the long-term sustainability of the community’s water supply.”

For more information and to read about some of the upcoming water infrastructure projects, contact Council on 131 872 or visit www.tr.qld.gov.au/waterrates