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Yarra Council adopts 2016-17 budget and 10-year financial plan
09 June 2016
Council has adopted its 2016-17 budget, which provides vital services for the Yarra community and invests in new and existing community infrastructure. Council also endorsed a long term, 10-year financial plan to guide Council’s financial sustainability and efficiency in the long term.
The budget includes $42.1 million (including carryover) for capital works expenditure, such as local roads, building facilities, parks and open spaces, $2 million for Community Grants and a pensioner rebate increase from $170 to $175 per annum.
Mayor Roberto Colanzi said that preparation of the budget had been difficult given the varied and complex demands on Council, many of which deserved consideration.
“I thank the community for their input because it always reminds us of the diverse needs of our community and the vital role local government plays in their lives,” he said.
“We received 130 submissions on 44 topics from our community over 28 days of consultation earlier this year. Each topic was considered on its social and financial impact merits, made especially challenging by our decision to manage within our means and comply with the State Government’s 2.5 per cent rate cap and the increasing approach of other levels of government of shifting State responsibilities and costs onto Local Government and therefore local communities.
“Council has adopted this budget alongside a detailed long term financial plan which articulates how this Council, and future Councils, can efficiently manage resources over the next 10 years and demonstrates the current Council’s commitment to responsible financial stewardship.”
“Some people argue that Councils should stick to ‘roads, rates, rubbish’, but that is far too simplistic. If we took that view there would be no libraries, public pools, sports grounds, public arts programs, graffiti clean-ups, challenging of substandard development proposals or financial support for community groups.”
Mayor Colanzi said while it had not been possible to fund all submissions, Council did agree to extra funds to commence designs for the closure of Station Street at Princes Street in Carlton, as well as remedial works for the WWI Arbour in Edinburgh Gardens.
“We have also recommended several other submissions as being worthy of further consideration via the community grants process,” he said.
“I believe it is a responsible budget that covers the width and depth of activities that we undertake on your behalf, and - importantly - builds on the strong foundations set over the past year by your Council.
The budget highlights are:
- $5 million to complete the $14.5 million library and community centre in North Fitzroy
- Improvement to playgrounds in Abbotsford, Clifton Hill, Fitzroy and North Fitzroy
- $2 million for Community Grants
- $8.4 million for open space
- $220,000 to progress the Wellington street Copenhagen Bicycle Lane from Gipps Street to Johnston Street, Collingwood
- A total of $2.5 million for the Fitzroy, Collingwood and Richmond recreation centres
- $142,000 for the new Community That Cares program
- $40,000 for Yarra’s public arts programme
- Funding to roll out parking sensor technology to improve lto improve parking turnover rates in our main activity areas
- $120,000 for the Yarra Activity Centres built form analysis.
- $150,000 towards operational funding of the Fitzroy Adventure Playground (Cubbies)
- Sports floodlighting in Keven Bartlett Reserve
- Funding for the Garage Sale trail.
Read Council's Adopted 2016-17 Budget:
2016-17 Yarra City Council Adopted Budget (2.98 MB)
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