Council adopts 2015/16 Delivery Program and Operational Plan
Shoalhaven City Council has this afternoon adopted its budget for the coming financial year as part of the 2015/16 Delivery Program and Operational Plan.
The Delivery Program and Operational Plan sets out Council’s major projects, programs and activities for the coming year.
The budget, which features a $240 million capital spend over the next two years, was the subject of a thorough community consultation program with Council staff hosting three very well attended public meetings across the City.
Mayor, Gash said Council had listened to the community during the meetings having changed a number of aspects of the draft budget prior to tonight’s meeting.
“Council has worked very hard through the ongoing transformation project to drive efficiency and bring the budget back to a sustainable position,” said Clr Gash.
“This controlled stance has allowed Council to undertake the organisations largest ever spend on capital works with a budget of over $240 million over the next two years.
“This has seen additional funding for a number of major projects including REMS 1B upgrade, Shoalhaven Indoor Sports Centre, Nowra Pool redevelopment and the upgrade of Huskisson Wharf.”
“Further to this, Council has again allocated additional funding to the area’s road network with $6 million for Flinders Road, South Nowra and $3 million for the sealing and widening of Turpentine Road.”
“I am also pleased to see Council committing to only a small cash operating deficit of $531,000 and the realignment of fees and charges to a more sustainable cost recovery model.”
Further to this, the Independent Pricing and Regulatory Tribunal approved Council’s application for a special variation rate rise in 2013/14 to help fund infrastructure renewal.
This rate increase is estimated to provide Council with an additional $2.4 million in the 2015/16 financial year, all of which will be exclusively allocated towards road renewal and path projects ($1.44 million on roads and $978,000 on pathways).
The works list includes –
- Naval College Road, Erowal Bay – ($245,000)
- Golf Avenue, Mollymook – ($400,000)
- Camden Street, Ulladulla – ($800,000)
- Matron Porter Drive, Milton – ($210,000)
- Round the Bay, Callala Bay – ($33,000)
- Chisholm Street, Callala Bay – ($100,000)
- Orion Beach Walk – ($635,000)
The Mayor said she had received an overwhelming level of support from the community following the completion of the SRV projects in the previous two financial years.
Other highlights of the 2015/16 budget include –
- General Fund revenue of $212 million
- General Fund operating expenditure of $201 million (including $38 million depreciation)
- Reduction in indexation of Federal Financial Assistance Grants ($783,000)
- Operational and Transformation savings of $5.5 million in 2015/16
- No CPI increase across a number of expense areas