This is a COVID-19 Recovery Budget, designed to support jobs and businesses, protect ratepayers and rebuild our local economy.
The COVID-19 pandemic has hit our city hard. Rebuilding our vibrant city economy will take time and hard work. But years of disciplined financial management means Council can step-up in these unprecedented times to provide much needed support to our community.
Key aspects of the 2020-21 budget include:
- Total budget: $632 million
- A zero net increase in rates for residential and commercial properties
- COVID-19 Recovery Package: $50 million
- Fully funded $175.8 million capital works infrastructure program
- Investment in transport: $41 million
- Climate action and waste services: $30 million
- Community facilities: $12.5 million
- 49 initiatives to be delivered in the fourth year of Council Plan 2017-21
- Hardship policy at a cost of $18.8 million
- Underlying budget deficit of $57.4 million
Amendment to Appendix F: Fees and Charges Schedule
Council approved Fees and Charges as part of its Annual Plan and Budget 2020-21 on 7 July 2020.
Due to an administrative error in reporting these fees accurately in Appendix F of the Fees and Charges schedule, corrections are required for certain items which are identified in the table.
It is important to note that there is no impact or change required to the approved Annual Plan and Budget 2020-21, which for reasons of clarity and transparency are considered appropriate to note for public record.