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.
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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