Why was a water levy imposed?

The levy, in place during 2014-15 financial year, was a matter for Mount Isa City Council. As per the Mount Isa Water Board’s contract with Council, the essential major expense associated with implementing the emergency leased filtration system was passed on at cost price. As part of negotiations for new equipment in 2015, the Mount Isa Water Board has negotiated with the supplier to secure a substantial reduction in charges effective 1 February 2015 for the current filtration system. The cost was now been reduced from $250,000 per month to $10,000 per month, saving Council $1.19 million in the 2014-15 financial year which was been rebated to rate payers.