Redland City Council’s strong financial position and sound credit rating has enabled it to consider a variety of long-term funding options to deliver new infrastructure.Prudent and equitable investment in assets on Redlands Coast is allowing Council to bring forward plans for new infrastructure and provide the community with assets and services in an equitable manner.While Council strives to keep borrowings as low as possible, certain projects are financed through borrowings to ensure costs of long-life assets are distributed equitably to those who benefit from those assets, now and into the future.It effectively means that future generations of ratepayers who will directly benefit from the Council-owned infrastructure – contribute to the cost of its creation, rather than this burden falling solely on current ratepayers at the time of the infrastructure’s purchase or construction.A Council spokesperson said responsible financial stewardship has resulted in Council having low levels of debt on its balance sheet and that it was sensible to use debt in this way.“This is how we ensure future generations share the costs of infrastructure that will benefit them,” the spokesperson said.“It is a form of ‘fiscal fairness’ and another way in which Council is working to maintain its strong financial position.“This year’s Budget engagement sessions held with Councillors have been extensive to ensure the organisation is as fiscally efficient as possible, while continuing to deliver the multitude of high-standard services and facilities that keep this city ticking.”The annual investment by Council in infrastructure is substantial and represents a major component of the budget.As an example, the largest single commitment in last year’s $430 million Budget was $40.5 million – almost a tenth of the entire Budget – for continued works on the Wellington Street / Panorama Drive road duplication project at Thornlands.Further infrastructure investment came in at $33.85 million which included progressing intergenerational projects as outlined in Our Future Redlands – A Corporate Plan to 2026 and Beyond.Part of these funds went towards works at the Weinam Creek hub at Redland Bay and for specific projects such as the Willards Farm restoration works at Birkdale Community Precinct.These two precincts are defining catalyst projects for the city that Council has committed to, and which will bring significant benefits to the Redlands Coast community well into the future.Council’s Financial Strategy 2023-2033, its framework for financial sustainability, outlines that key intergenerational infrastructure should be financed in a way “which allows any significant financial burden to be spread over a number of years and not impact adversely on current or future ratepayers”.Council is currently in the process of finalising its capital works program for the 2024-25 financial year, in preparation for Council’s Special Budget Meeting on Thursday 27 June 2024.Redland City Council provides a suite of services to 166,873 residents and more than 63,000 residential households across Redlands Coast.

Redland City Council’s Civic Support Fund continues to provide relief to residents who are struggling during the ongoing cost-of-living crisis.Council established the one-off $500,000 fund for communi…

Green is the new red on Redlands Coast – especially when it comes to kerbside bins.Redland City Council has reached a milestone 25,000 green waste bins now in use across the city’s mainland suburbs.Ma…

Ensuring residents are receiving value for money from their rates contribution has been a focus of Redland City Council’s Budget deliberations for the 2024-25 financial year.Mayor Jos Mitchell said di…

Residents who opt in for Redland City Council’s emergency notification messaging service will now also receive an alert if there is a planned hazard reduction burn on Council land in their area.Redlan…

Redland City Mayor Jos Mitchell joined a delegation of 11 south-east Queensland mayors who descended on Queensland Parliament this week, calling for urgent infrastructure funding to respond to rapid p…

Redland City Council has joined a statewide recycling campaign designed to curb the amount of household waste ending up at landfill sites.The ‘Let’s get it sorted’ campaign is a Queensland Government-…

New playground equipment and a Ninja Warrior-inspired obstacle course have been installed at local parks as part of a Redland City Council upgrade program.Council has finalised works at 10 of the park…

In showcasing its dedication to advancing project delivery on Redlands Coast, Redland City Council recently hosted its second annual briefing for infrastructure industry professionals.Against a backdr…