Central Coast Council adopted its first integrated Operational Plan with $551 million in essential services and $207.9 million on capital works rolled out from July 1.
Capital works spending has been increased by $400,000 on the draft exhibited plan thanks to additional grant funding received by Council.
Overall, the plan forecasts a surplus of $1.9 million for the 2017-2018 financial year.
The draft plan was on public exhibition for 29 days from May 16 and received 77 submissions from the public, which resulted in some amendments.
Council Administrator, Mr Ian Reynolds, said the financially sound Operational Plan struck a balance between delivering essential services in local areas and big picture regional projects to benefit the entire Central Coast community.
“The community can have confidence that our finances are sound and strong,” Mr Reynolds said.
“Everything in this Plan is costed and is on track for delivery,” he said.
“We have chosen to directly tackle our infrastructure backlog and will deliver bumper investment in our local road network, parks, playgrounds, sports fields and water and sewer assets.
“There is also a strong investment in regionally significant assets that will drive investment, growth and tourism for the Central Coast including …a Regional Performing Arts Centre in Gosford.”
Over 75 per cent of operating and capital expenditure will be invested in the top priorities identified by the community: roads; transport and drainage; water and sewer; open space and recreation; waste services and waterways.
“A key priority for this Administration period of Council has been to build a solid foundation in preparation for the newly elected Council in September, and I believe we have delivered,” said Mr Reynolds.
“This truly marks a line in the sand as we now go forward as one Council with a sound plan and budget, and a vision to create a vibrant and sustainable Central Coast.”
Media release, Jun 28
Central Coast Council media