A pair of international experts say Port Stephens Council needs to take action to ensure its long-term financial sustainability.

Emeritus Professor Brian Dollery and Professor Joseph Drew, from the University of New England’s Centre for Local Government, were engaged last year to review Council’s financial strategy.

Acting General Manager Tim Crosdale says the report, which was handed down in March, makes the situation very clear.

“Over the past four months, our Councillors have been working closely with senior staff to review a number of options,” he said. 

“A one off 10 percent increase to fees and charges, the rollout of more paid parking, potential areas of additional revenue, continued focus on cost containment and the sale of a number of potential land assets.”

The report details a number of recommendations for Council to implement, including a special rate variation and an end to low rates. 

Mr Crosdale says they’ll do what it takes to get back on track.

“Port Stephens Council rates are up to 35% lower than comparable councils. We’re proud we’ve been able to maintain low rates and still deliver high quality services for many years, but we can’t keep going this way – we need to make a real change,” Mr Crosdale said.   

“In terms of efficiency, we’re close to the average score when assessed against 67 Councils – meaning we deliver services to our community efficiently and considered to provide services that are value for money”

Port Stephens is set to begin consultation with the community on possible changes and options from July 18.

Residents can view the report and recommendations at portstephens.nsw.gov.au/our-funded-future.

Image credit: Port Stephens Council.