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.
- 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.