Draft 2020-2021 Budget

Submissions closing on 09 June 2020, 05:00 PM

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Corangamite Shire’s $49 million 2020-2021 Draft Budget includes no rate rise for landowners and will deliver a $2.5 million coronavirus recovery package for the local economy.

After being debt free for two years and running surpluses since 2010-2011, Council has managed to meet the challenging times with only a small, $120,000 operating deficit.

 Corangamite Shire Budget at a Glance 2020-2021.png

 

Budget highlights:

  • Roads ($6.8 million) – including rehabilitation, bridges, resheeting and resealing.
  • COVID-19 Recovery fund ($2.5 million) - including fee waivers, jobs and stimulus business grants.
  • 12 Apostles Trail ($2.2 million) - construction of Stage 1 Timboon to Port Campbell.
  • Cobden streetscape ($300,000) - priority works to be done on Curdie Street
  • Public toilet upgrades ($120,000) - Lismore, Lake Bullen Merri and Princetown
  • Grants ($270,000)
    • Community Grants Funding ($50,000)
    • CBD Façade Improvement Program ($50,000)
    • Facility Grants ($50,000)
    • Environment Support Grants ($30,000)
    • Events & Festival Funding ($40,000)
    • Business Incentive Grant Program ($50,000)

Submissions for the 2020-2021 Draft budget are now open.

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