Budget 2011/12 - Vision to grow the Warwick Saleyards
$15,000 has been set aside in this year’s budget to develop a concept plan to expand the Warwick Saleyards into a formidable regional facility.
Chair of the Corporate Services portfolio Cr Mally McMurtrie said that the Council’s vision was to build a bigger Saleyard which can handle larger sales as a regional centre.
“Warwick Sale Yards is normally a cost neutral area for Council and has the biggest potential for growth in revenue of any area in Council,” Cr McMurtrie said.
“Fifty years after the first sale was held in Warwick, it is already one of the busiest sale yards on the Downs, but lack of space limits the revenue it can generate.
“We want to see a long term plan to expand the Warwick Saleyards to become a rural industry powerhouse on the Downs,” she said.
A concept plan is required in order to secure future state and federal government grants and funding for expansion of the Saleyards.
This year Council will spend $580,000 operating the Warwick Saleyards, with a conservative estimate of income at $506,438.
“While we are estimating an operating loss this year, we have been very conservative on income estimates, we expect actual income to be higher,” Cr McMurtrie said.
“The investment by Council in the Saleyards each year has a significant flow on economic effect in the community, bringing in business for transport companies, livestock agents and farmers.”
ENDS
Chair of the Corporate Services portfolio Cr Mally McMurtrie said that the Council’s vision was to build a bigger Saleyard which can handle larger sales as a regional centre.
“Warwick Sale Yards is normally a cost neutral area for Council and has the biggest potential for growth in revenue of any area in Council,” Cr McMurtrie said.
“Fifty years after the first sale was held in Warwick, it is already one of the busiest sale yards on the Downs, but lack of space limits the revenue it can generate.
“We want to see a long term plan to expand the Warwick Saleyards to become a rural industry powerhouse on the Downs,” she said.
A concept plan is required in order to secure future state and federal government grants and funding for expansion of the Saleyards.
This year Council will spend $580,000 operating the Warwick Saleyards, with a conservative estimate of income at $506,438.
“While we are estimating an operating loss this year, we have been very conservative on income estimates, we expect actual income to be higher,” Cr McMurtrie said.
“The investment by Council in the Saleyards each year has a significant flow on economic effect in the community, bringing in business for transport companies, livestock agents and farmers.”
ENDS
