Contributions help fund major projects

The contributions help fund major projects such as the new regional library

Central Coast Council’s draft Central Coast Section 7.12 Local Infrastructure Contributions Plan 2023 is now on public exhibition until Monday, May 27.

The plan levies contributions from developers to fund new infrastructure and upgrades to sport grounds, parks, playspaces, skateparks, tennis courts, community facilities, local centres upgrades, cycleways, boat ramps, traffic and transport, and projects such as the Gosford Regional Library.

Council has 14 development contribution plans that apply across the Central Coast which fund new and upgraded community infrastructure.

The Section 7.12 Plan will provide $10.9M for projects across the Coast for the 2024/2025 financial year.

It includes $25,000 for new toilets and $5M for bike paths.

“The forecast growth in population, employment and tourism will diminish the enjoyment and standard of existing community infrastructure in the local government area unless new or embellished infrastructure is provided to meet that demand,” Council said.

“The range of community infrastructure that is required in order to accommodate this growth includes improvement and embellishment of existing open space, community and cultural facilities, and recreational facilities such as cycleways, wharves and boat ramps.”

Amendment of the plan is required to ensure alignment with the draft Operational Plan for the 2024/2025 financial year which is also on public exhibition until May 27.

The Operational Plan highlights the activities and capital works projects, budget, rating structure and fees and charges proposed for the 2024/25 financial year.

It includes: planned actions and capital works projects; financial position; statement of revenue and the increases proposed for fees and charges

“This plan focuses on transitioning back to an elected body, as well as continuing financial stability and strengthening the community confidence through service delivery,” Council said.

“It is proposed that in 2024/25 Council will receive $723.5M in operational revenue and spend $712.8M on services and operational functions.

“Council’s capital works program invests $309.9M to renew and upgrade existing assets.”

See https://www.yourvoiceourcoast.com/ for all projects currently on exhibition.

Merilyn Vale