There’ll be new developments including new CCTV Bunbury as part of the Council’s new budget for 2018 and 2019. The new budget, valued at $67.7 million, was described by Mayor Gary Brennan as beneficial and affordable for the city.
According to the Council, the budget has included a increase rate of 2.9% from the preceding budget, which was approved by the Council earlier in June. Fee and charges increase were limited to approximately 1.5% with many areas in the city left unaffected.
The new budget, for 2018/19, included $16.2m in capital works, $49.3 for operating expenditures, plus, $2.2 m set aside for debt reduction. Additionally, the budget includes $4.3m for sport and recreation services, $1.4m for arts, an additional $1m for events, and, finally, $725,000 for grants and subsidies for the assistance of community organisations.
One of the big winners from the budget is the Stirling Street Arts Centre, which will receive $1.9m as part of the budget, to be used for redevelopment projects.
Infrastructure projects over the 12 months following the approval of the budget, which will include $3.6m in road works, $1.1m for path construction, followed by $615,00 in marine wall renewal, and, finally, $380,000 stormwater drainage construction and repair.
Mr. Brennan explained that the budget also includes improvements to Hay Park, changes to entry statements at entry points around the city, as well as the installation of new cycle lanes in the roams.
Bunbury’s Halifax Light Industrial Area will also get a fair amount of work from the budget, which includes increased application of CCTV Bunbury in the area.
According to Mr. Brennan, the new budget would lead to a fairly notable cash surplus for the city by the end of June 2019, amounting to approximately $126,000, which he is pleased about. He adds that rates are sitting at approximately $37m, while the city managed to get about $12m in fees and charges, which included rubbish collection charges.
He did, however, confirm that Bunbury lost about $900,000 in revenue in the preceding financial year thanks to the paid parking scheme.
The Mayor states that Glen Iris would be a major focus for 2018 and 2019, and that Bunbury would be looking into providing additional resources for the area, including a community centre.