$500,000 to kick off infrastructure future fund

Published on 24 May 2023

Sights are set on the future with the inclusion of an infrastructure future fund in Moyne Shire Council’s Draft Budget for the coming year.

At Tuesday’s Council meeting, Councillors sent the draft budget for public consultation and to receive submissions from the community.

Mayor Cr Karen Foster said the budget was a responsible and financially prudent document which looked to the future, took into account the financial pressures facing the community while delivering on the priorities of the Council Plan.

“As a group we put it forward and said this is something we want to do as a bit of a rainy-day fund that can be drawn on in the future if needed – it’s probably not normal for politicians to look too far beyond the election cycle, but this is about ensuring there is money there for community projects or asset upgrades into the future.” she said.

“The economic situation at a state and federal level isn’t great and there’s a chance government grants that we have used recently to fund projects may start to dry-up.  

“Moyne has a huge number of assets which need to be maintained or improved, so rather than just hoping that there will be Government funding into the future, we wanted to make sure there was a fund there that could be drawn on if needed.

“This is a fund that I hope we will be able to add to as we go along to build it up to be a really great fallback for the future with the challenges that await us.”

The draft budget is now open for community feedback, and documents can be viewed online, at Customer Service Centers in Mortlake and Port Fairy and at Corangamite Moyne Library Service Branches at Mortlake, Koroit and Port Fairy.