Adoption of 2017/18 Budget
25 July 2017
Albany City Council adopted the 2017-18 Annual Budget at its meeting tonight.
The Budget, which includes a modest rate rise of 2.5%, continues to support major projects, regional partnerships, planning and development, community aspirations and a high level of service delivery to residents, ratepayers and visitors to our City.
Deputy Mayor Greg Stocks said the budget would allow the City of Albany to carry out major capital works including the continuation of the Centennial Park sporting precinct and Albany Tourism and Information Hub.
“The continued renewal, upgrade and expansion of our infrastructure is vital to ensure development within our region, thanks to continued support from State and Federal Government, we can continue to ensure growth and continued enhancement. Cr Stocks said.
The Budget includes an overall operating revenue of $57.9 million with $24.9 million allocated to capital works which includes $5.2 million allocated to road renewals and upgrades for the reconstruction of Millbrook Road, reseal of Pfeiffer Road and works to Norwood Road and Middleton Road.
A total of $915,482 has been allocated to paths with a link to be established from Mount Elphinstone to the CBD as well as path upgrades along Albany Highway and Sanford Road.
Reserves within the City of Albany will also receive $2.4 million worth of upgrades and maintenance with Lake Weerlara in Lockyer to undergo a $75,000 enhancement project with support from the State Government.
The City of Albany will continue to be a clean, green and sustainable council with our ongoing waste sustainability program which includes the popular event, Green Fair on the Square.
Deputy Mayor Stocks thanked Council and Administration and said the budget would allow the City of Albany to continue to make Albany a great place to live, work and visit.