Central Coast Council has adopted an operational plan that will deliver $792 million worth of investment in services and capital works next financial year.
The plan formed the second year of council's delivery program for 2018-2021.
A spokesperson for the council said the plan would deliver $556.4 million in essential services and $235.6 million in capital works in the priority areas of roads; water and sewerage service infrastructure; protecting and enhancing the local environment; community facilities and open space and recreation infrastructure.
Council's operating income for the 2019-20 financial year is $537.8 million, leaving an estimated budgeted operating deficit of $18.6 million before capital grants and contributions.
Some $75 million will be spent on roads, transport and drainage, with $39.75 million on water and sewerage.
Mayor Jane Smith said the plan continued council's commitment to prioritising key community needs and aspirations for the Central Coast in line with the Community Strategic Plan - council's contract with the community.
"The plan details projects and initiatives we will deliver over the next year with a strong focus on delivering community infrastructure, addressing the demands of an ever growing population and meeting sustainability principles," Cr Smith said.
"We are projecting a larger deficit that first forecast in the draft plan due to an increase in the emergency services levy payable to the NSW state government and an adjustment to council's income and expenditure in line with the Independent Pricing and Regulatory Tribunal (IPART) final determination released in May."
Priority spending areas include:
- $74.97 million in roads, transport and drainage;
- $39.75 million in water and sewerage;
- $21.17 million in open space and recreation;
- $18.15 million in facilities and asset management;
- $9.39 million in economic development and project delivery;
- $5.55 million in business enterprise;
- $4.33 million in waste services;
- $3.06 million in natural and environmental assets;
- $2.75 million in waterways and coastal protection;
- $3.12 million in leisure and lifestyle;
- $1.25 million in libraries; and
- $0.15 million in learning and education.
"We will continue to review our operations to look for innovative ways to deliver services and take advantage of efficiencies to reduce the budgeted operating deficit," Cr Smith said.
"Council is in a strong financial position with our infrastructure, property, plant and equipment portfolio having a gross replacement cost of $10.2 billion as at June 30, 2018, and investment portfolio which is managed to ensure that council has sufficient funds to deliver services to the community.
"Our community have identified their vision of where they want to see the Coast grow and be in 10 years' time - we want a smart, responsible, green and liveable Central Coast and for all community members to have a sense of belonging.
"This operational plan 2019-20 will enable council to deliver this for our community and continue to pave the way for a prosperous and positive future for our region."
Budget Fast Facts
- $537.8million operating income
- $556.4million operating expenditure
- $52.4million capital grants and contributions
- $235.6million capital works program
- $18.6million budgeted operating deficit before capital grants and contributions
To view council's operational plan 2019-20, visit council's website at centralcoast.nsw.gov.au