Melbourne adopts 2012-13 budget
The Melbourne City Council has adopted the city’s 2012-13 budget, committing to a zero per cent rate rise and a $110 million capital works program.
Lord Mayor Robert Doyle said the budget reflected the strength of council’s economic management while investing in significant infrastructure and community services.
“Now that Council has endorsed the 2012-13 budget, we can immediately begin work on vital projects such as the $5.6 million expansion of the city’s bicycle network,” the Lord Mayor said.
“The bicycle plan is part of a comprehensive capital works package that will be delivered against the backdrop of a zero per cent rate rise. These projects will all be delivered without Council needing to reach into ratepayers’ pockets.”
Other key projects to be delivered under this year’s budget include:
- $10.2 million for stormwater harvesting initiatives;
- $4.7 million toward the new Docklands Library and Community Centre;
- $6.5 million to finish the revitalisation of the city’s spine, Swanston Street;
- $2.6 million to enhance Melbourne’s iconic streetscapes;
- $630,000 for city safety initiatives, including the permanent installation of a mega taxi rank in Queen Street;
- $4 million to complete the construction of the Carlton Baths and Family Resource Centre which is expected to open in October, and;
- $2 million to complete the design and start refurbishment of the Kathleen Syme Centre.