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Budget 2014-15: Reducing debt

26 June 2014
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Redland City has the lowest Council debt per household in South East Queensland and continues to work hard to reduce this debt.  While other Council’s debt continues to rise, along with State and Federal Government, our debt is half of what it was ten years ago and our forward projections show it remaining low, with no plans to borrow money next financial year.

Debt per Council

Council’s low debt together with strong cash reserves means we are in a strong financial position to respond to emergencies.

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Redland City Council acknowledges the Quandamooka People, the Traditional Owners of the land, waters, winds and seas of Redlands Coast. We acknowledge the Elders, past and present, and extend that respect to other Aboriginal and Torres Strait Islander people here.

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