While limiting the likely rate increase to 2.8% (including a 0.3% allowance as our best guess as to what the China rubbish crisis may inflict on us), the City of Unley 2018/19 Budget is achieving great things for our community.
Balancing Budget
Council is embarking on some major projects. Projects that will benefit future generations of Unley. Given this and in keeping with our policy on Capital Works we will be taking out loans to fund the balance after some successful grant applications. By so doing they will have a minimal effect on the rate rise in the Unley 2018/19 Budget.
The proposed New Capital Projects total $8.321M net and include:
- King William Road Streetscape project $2.25M, with a further $5.5M to be spent in 2019-20.
- Implementation of the local area traffic management study for Parkside and Fullarton $215K.
- Continued implementation of Council’s Cycling and Walking Plan. Year 3 totalling $180K, focussed on the King William Road intersection with Simpson Parade and King William Road from number 29 to Greenhill Road.
- Unley Oval Grandstand upgrades. Includes Female Change Rooms, and accessible canteen area stage 1 of a 2 year project, with a total net cost of $1.5M.
- Goodwood Grandstand. $1.8M for year 1 of a 2 year program, at a total cost of $3.6m.
- Brown Hill Keswick Creek project of $1.5M.
Capital Replacement Program
The proposed Capital Replacement Program of $7.627m net has been based on current asset information and asset management plans. Items include:
- $1.127M for the proposed road reseal program;
- $1.041M for the footways renewal program;
- $872K for drains and stormwater;
- $883K for the Property Program; and
- $493K for reserves, recreation and open space projects.
A copy of the Capital Replacement Program providing more detail can be found on pages 81 thru’ 91 of the Draft 2018-19 Annual Business Plan.
As I indicated in my recent blog you can contribute your thoughts on the inclusion of these projects in the City of Unley 2018/19 Budget.