Council adopts 2017-2018 Budget
Published on 14 June 2017
Council adopted the 2017-2018 Budget at a Special Meeting last night, voting to become debt free and make a record commitment to local roads.
The $45.7 million budget includes:
- $15 million capital works program with;
- $7.3 million for local roads
- $2.17 million for bridges
- $1.14 million for Port Campbell streetscape
- $2.4 million towards debt repayment
The Budget includes an average two per cent rate rise in line with rate capping introduced by the State Government. Rates and charges income of $20.5 million will account for just under half of Council’s total revenue for 2017-2018.
The record $7.3 million allocated to roads will be spent on rehabilitations, resurfacing projects and improvements to kerb and channel. Major roads projects include Timboon-Curdievale Road, Mount Bute Road, Valley View Road, Boorcan Road and Ansons Road.
Initiatives include Stage 1 of the Port Campbell Streetscape Project, Stage 2 of Castle Carey Bridge replacement, upgrades to Terang Civic Hall, and works to Camperdown Clocktower.
Council received five submissions to the Budget:
- Camperdown Botanic Gardens – to better fund ongoing management of the gardens and arboretum
- Cobden Civic Hall – to fund electrical works and reconsider a proposal for concertina doors and removal of wall
- School bus shelters – to continue to provide funding for new or relocated bus shelters and maintenance
- Cobden Spring Festival – to reconsider reduced funding for the Cobden Spring Festival
- Progressing Cobden – in support of more funding for Cobden Civic Hall and Cobden Spring Festival
In response to the submissions Council made two small changes, resolving to allocate an extra $1,000 to the Cobden Spring Festival and $13,000 towards electrical works at the Cobden Civic Hall during the mid-year budget review.
Mayor Jo Beard said roads would continue to be Council’s top priority.
“We will keep pushing strongly for the State Government to fix its main road network in Corangamite Shire, while at the same time, making sure our local roads are in excellent condition,” she said.