Budget

 

City of Ballarat Council Budget 2016 / 17

Each year, Council is required by legislation to advertise its draft budget for 28 days and adopt it by 30 June.

The 2016 / 17 budget continues the clear direction and principles laid out in the Council Plan 2013-2017.

 

Maintaining Ballarat

  • $2.7 million to maintain Council buildings 
  • $10 million for roads maintenance 
  • $210,000 for bridge repairs 
  • $1.02 million for city presentation projects including street furniture, city entrances, street irrigation and landscaping, public place recycling and bus shelters
  • $222,000 for public art and restoring city monuments 
  • $348,000 for neighbourhood playgrounds 
  • $337,000 for neighbourhood parks 

 

Servicing Ballarat

  • $13.63 million for road construction and renewal, including $2 million for rural roads
  • $1.54 million for drainage projects
  • $1.65 million for Ballarat’s three libraries and outreach service
  • $1.148 million for Bicycle Strategy projects, bicycle paths and footpaths
  • $200,000 maintained for additional funding for community events including Christmas and Winterlude
  • $300,000 to the City of Ballarat Community Impact Grants Program
  • $375,000 to the Township Empowerment Programs

 

Building Ballarat

The following major projects will be completed in 2016/17 in partnership with the State Government: 

Ballarat West Employment Zone

  • $5 million – City of Ballarat
  • $25 million – State Government

Ballarat Sports and Events Centre

  • $5 million – City of Ballarat
  • $9 million – State Government

Lucas Community Hub

  • $2.65 million – City of Ballarat
  • $1.6 million - State Government

Eureka Stadium

  • $15 million – State Government

CE Brown Reserve Clubrooms

  • $2.5 million – State Government

In addition, the City of Ballarat will again invest more than $4 million in sport and recreation projects.

 

Clean Ballarat

  • $2.32 million for waste and recycling services and programs
  • Introduction of a green waste service
  • $25,000 to replace street lighting with low energy use light fittings as part of a long term transition project


Financial Performance

This Council set a financial strategy at the start of its term with the objective of minimising rate increases and providing certainty around rates.

The strategy has enabled Council to remain in a sound financial position. It has provided essential funding to deal with the issues of maintaining, building and servicing a better Ballarat, and has enabled this Council to deliver on major projects.

To remain in a sound financial state following the introduction of rate capping, Council will be required to adjust future financial strategies and operations.

Although Council will be able to maintain its borrowing capacity to fund major projects, it will derive less income from rates than provided for in its previous long-term strategy.

 

Waste Management Service Charge

This charge covers both the weekly collection of household waste and the fortnightly collection and disposal of recyclables. Residential properties provided with a waste removal service will be charged a total of $292.56 per property in 2016/17.

A green waste service will be introduced from 4 July 2016. Properties included in the green waste service will be charged an additional fee of $57.25 per property.

 

Fire Services Levy

All councils in Victoria are legislated to collect the Fire Services Levy on behalf of the State Government. This charge is required to be included in rates notices.

 

Rates Waiver for Eligible Pensioners

Eligible pensioners who live alone in their own home and are solely responsible for paying their property’s rates and charges will benefit from a rebate on their residential rate bill in 2016/17. The City of Ballarat provides the rate relief to assist with cost of living pressures for older members of our community.


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