Council adopts budget for 2017-2018
AlburyCity has adopted its 2017-18 Budget, including its Operational Plan and Four Year Delivery Program, at an extraordinary Council meeting.
The adoption of the budget means Council can implement its $48M capital works program and fund more than 2600 expenditure items.
Mayor Kevin Mack said it was a responsible budget that consolidated AlburyCity’s long-term financial sustainability with minimal to no increases in rates and charges, and no reduction in council services.
“It is vital we invest in upgrading our essential infrastructure such as water and sewer networks, roads, drains and footpaths,” Cr Mack said.
“Over the next year we plan to spend $20M on water and sewer projects, $8.5M on roads, bridges and footpath projects, $4.1M on the Albury Airport terminal expansion, $2M improving the Albury Waste Management Centre and $2.5M on the Lavington Sports Ground redevelopment.”
“There will overall be a 1.5 per cent rate peg increase on Council’s rate income – one of the lowest rises in recent times and while this will vary for individual properties when all rates, water, sewer and domestic waste increases are combined the total increase for the average residential property in Albury is an additional $4 a year,” Cr Mack said.
“I’m also pleased that, in addition to providing necessary infrastructure, this budget provides $1.4M in financial assistance to community groups and not-for-profit organisations and an additional $772K from Council’s Community Fund to help organisations develop their own facilities.”
The adoption of the budget follows a four-week public exhibition and information period, including business and community briefings, during which residents were invited to make a submission.