LOCAL GOVERNMENT BUDGET UPDATE
South-East Queensland Councils are currently releasing their budgets for the 2020-2021 financial year.
Gold Coast City Council
Gold Coast City Council have released their ‘Roads to Recovery’ budget geared towards supporting the City’s economic recovery from COVID-19.
Highlights of the budget include a $26.9 million support package for community and business which includes a $ 64 financial rebate on annual rates for certain properties.
Other key points in the Gold Coast’s 2020-2021 budget include:
- $8.9 million in funding for Stage 3 of the light rail from Broadbeach to Burleigh
- $1.75 million to identify Stage 4 of the light rail project
- $8.2 million for design completion and building of Robina City Parklands
To view the full detail of the Gold Coast’s 2020-2021 budget, please click here.
Sunshine Coast City Council
Sunshine Coast City Council have announced a $780 million 2020/21 budget.
The budget outlines a 2% rate rise, with a one off $35 COVID-19 recovery payment.
Other highlights of the Sunshine Coast City Council include:
- $242.4 million capital works program
- $40 million to start construction on the City Hall in the Maroochydore City Centre
- $37.5 million to complete the Sunshine Coast Airport expansion
To view the full detail of the Sunshine Coast Council’s budget, please click here.
Redland City Council
Redland City Council have announced a $327 million budget in which the increase in general rates revenue will be kept at 2.99%. This increase will equate to about 62% a week for a typical owner-occupier household.
Other highlights of the Redland City Council budget includes:
- $30 million for transport, roads and traffic projects.
- $3.2 million for other infrastructure projects.
- $10.2 million for marine and foreshore projects, including canal and breakwater works.
- $12.7 million for water, waste and wastewater projects.
- $13.8 million for parks, open space and conservation.
- $2 million for community and cultural development.
To view the full detail of the Redland City Council budget, please click here.