Draft Budget 2017-18
AlburyCity has endorsed its 2017-18 draft budget for community consultation. The community is encouraged to review the budget papers and make any submissions by close of business 26 May, 2017.
The 2017-18 Draft Budget includes the one-year Operational Plan, Four-Year Delivery Program and Long Term Financial Plan.
Key facts and figures
- Rate increase of 1.5% in-line (the lowest rise in recent times) with the IPART NSW Government rate peg.
- Total cash spend of $135M to fund 2600 expenditure items, including $47M for capital works.
- Debt levels well below State Government benchmarks – our General Fund Debt Service Ratio of 7% remains well below the Fit for the Future benchmark of 20%.
- $5M proposed in new loans to fund Special Variation to Rates projects.
- Domestic Waste Management Charge to be maintained at its current level due to surplus funds held in the Domestic Waste Management Reserve.
- No increases for water and sewer consumption and access charges.
- Service and Efficiency Review Program projected to achieve $3.1M in savings by 2018-19.
Capital Expenditure Highlights
Council has developed a responsible capital works program focusing on maintaining and improving roads, footpaths, water quality and sewer networks as well as continuing the future planning agenda to grow the city and provide quality services and facilities.
The Draft Budget will be on Public Exhibition until 26 May 2017 to allow for community feedback.
Copies are available for viewing at the Customer Service Centre, 553 Kiewa Street, the LibraryMuseum and Lavington Library or can be viewed via the link below:
Comments will be received until 5.00pm Friday 26 May 2017 and should be addressed to Justin Finlayson, Chief Financial Officer, PO Box 323 Albury NSW 2640 or email@example.com.
Community Information Sessions
Community information sessions for residents to learn more about the draft budget will be held on the following dates:
- Wednesday 3 May, Robert Brown Room at 5.00pm
- Tuesday 16 May, Mirambeena Community Centre at 1.00pm
- Thursday 18 May, Robert Brown Room at 11.00am