The 2016/2017 Budget includes $99.3 million in capital works including maintaining and renewing existing infrastructure. The City will also invest $170 million in service delivery through the operating Budget.
The Budget advances the priorities outlined in the Council Plan 2013-2017:
- Leadership and governance
- Planning for growth
- Presentation and vibrancy
- Productivity and sustainability
As this is the final year of the current Council term, the focus of this Budget is completion of our current commitments.
The Budget proposes a rate increase of 2.5 per cent. This is in line with the Victorian Government’s new Fair Go Rates System. Rates, with fees and user charges, and State and Federal Government grants and funding will allow the City to deliver its program of projects and services.
The Budget includes funding for important infrastructure projects including the Bendigo Airport Redevelopment, the expansion of the Bendigo Stadium, the Strathfieldsaye Early Learning Community Hub, the Barrack Reserve Pavilion Redevelopment in Heathcote, and the Greater Bendigo Indoor Aquatic and Wellbeing Centre. The Budget also includes funding for the next stage of the Canterbury Park Redevelopment in Eaglehawk. There is $350,000 for the construction of the social pavilion and $250,000 towards the development of the Canterbury the Canterbury Park Central Activity Area. The Marist Community Recreation Precinct will also receive $500,000.
New initiatives in this year’s Budget include $3.3 million for the reconstruction of the Scott Street Bridge in White Hills, the construction of the Bendigo Tennis Pavilion, the Eaglehawk Regional Play Space and the Garden Gully Community Pavilion Design. The Budget also includes around $2 million for new or upgraded footpaths across the municipality.
The 2016-2017 Budget was adopted formally on June 29, 2016.
For more information contact us on 03 5434 6000.