Draft Operational Plan, Budget and Annual Fees & Charges

Published on 10 May 2023

The draft Operational Plan 2023/24 is currently on public exhibition and includes a proposed increase of 5% to fees and charges along with a proposed capital works program over the next four years of $58.7M.

Goldenfields Water Chairperson, Matthew Stadtmiller said this increase was necessary due to the substantial increase in electricity costs and other operating expenses.

“We want to ensure we can maintain providing our customers with quality, reliable drinking water and to accommodate our generous capital works program, residents will see an increase from $2.60 per kL to $2.73 per kL.”

In 2023/24 Goldenfields Water will invest $22.6M into their capital works program, which will include new reservoirs and aerators as part of Stage 1 for the Oura Water Treatment Plant Upgrade, the completion of the $12.5M West Wyalong Water Reliability Project and a further $18.4M towards renewals for urban and rural areas, including the Thanowring Road renewal and urban replacements to water mains, stop valves, services and hydrants for the townships of Marrar and Coolamon.

Mr Stadtmiller said, “it is quite a comprehensive list of replacements and renewals, and we hope that Contractors will work with us. Costs have gone up on many of the project materials and we must be mindful of working within our budgets.”

The draft 2023/24 Operational Plan, incorporating 2023/24 Budget and Annual Fees & Charges is now on public exhibition until 1st June 2023.