2020/21 Budget Approved by Council
Published on 24 June 2020
Moyne Shire Council will focus on driving economic development initiatives and delivering on a range of capital works projects after adopting the 2020/21 budget at its June Ordinary Council Meeting.
Moyne Shire Mayor, Cr Daniel Meade, said the 2020/21 budget was a reflection of Council’s sound financial management, and will assist the Shire recover following the pandemic.
“Council remains in a strong financial position, with low debt levels, an operating surplus of $828,000, all while delivering a substantial capital works program of $18.1 million and introducing a range of hardship measures to assist businesses and residents recover from the impacts of COVID-19,” Cr Meade said.
“Our capital works program in 2020/21 represents a 20% increase in project value compared with the previous financial year, which is particularly good news for local suppliers and businesses involved in delivering these projects.
“By delivering more projects we’re not only improving local infrastructure and facilities; we’re providing opportunities for local contractors.
“The 2020/21 budget also provides a range of measures to assist businesses and residents who may be doing it tough as a result of the COVID-19 pandemic, including applying a rates freeze and keeping most fees and charges at 2019/20 levels.
“Further economic stimulus is targeted through the Year 2 actions of the Shire’s Economic Development Strategy; with a focus on attracting both new residents and investments, and supporting small business and industry growth through our advocacy work.”
Moyne Shire CEO, Bill Millard said the budget will deliver significant investment in local roads, economic development and community infrastructure.
“We know one of the biggest priorities for ratepayers is local roads, which is why we’ve committed half of the capital works budget to road improvements, a total value of $9.2 million,” Mr Millard said.
“Other significant capital projects include a new playground at Peterborough valued at $100,000, a $75,000 upgrade to the Koroit Early Years facility, and works at Sisters Hall, Ellerslie Hall, Hexham School Hall and Purnim Hall, totaling $162,000.
“We’ve also partnered with government, businesses and community groups on a range of projects, with Council contributing $100,000 to new lighting at DC Farran Oval in Mortlake, $125,000 to recreational upgrades in Macarthur, and $10,000 to a new skate park design for Port Fairy.
“Council has also prioritised upgrades of infrastructure with an improvement program for footpaths, drainage, bridge works, parks and playgrounds.”
In addition to the capital works projects committed in the 2020/21 budget, Council are also identifying a range of community projects eligible for funding under the Federal Government’s Local Roads and Infrastructure Program.
“Moyne Shire Council is fortunate to be the recipient of $2.7 million under the $600 million Local Roads and Infrastructure Program allowing Council to further build on our already strong capital works program,” Mr Millard said.