$92M Capital Works spend planned for 2019-20 Budget

Knox Council has adopted the proposed 2019-20 Budget and invites community feedback on the Proposed Budget prior to its formal adoption in June.

The Budget proposes a Capital Works program of $92.853 million, an increase on last year’s spending, of which $31.915 million is allocated to maintaining and renewing community assets, while $60.938 million is to be invested in new and upgraded community assets.

Highlights of the Capital Works program include:

  • $5.500 million towards construction of the Henderson Road Bridge
  • $9.305 million for local road works
  • $14.027 million to improve public open spaces
  • $37.421 million towards the improvement of buildings within Knox
  • $5.094 million for works on footpaths and cycleways
  • $3.456 million for drainage works

Council has also conducted an extensive review of its expenditure to identify savings and as a result, the budget is on track to achieve an operational surplus that will in turn fund future capital works projects.

The proposed rate increase is 2.5%, which is in line with the State Government’s Fair Go Rates System. The additional Council eligible pensioner rebate of $100 will be maintained.

The Proposed Budget also provides for ongoing advocacy to secure State and Federal Government support for significant local projects including the Knox Regional Sports Park and major transport infrastructure, including Rowville Rail and the Knox Tram.

The Proposed Budget is now open for public comment and written submissions will be accepted until Tuesday, 28 May. The Proposed Budget is available on Council’s website at knox.vic.gov.au/budget and can also be viewed at the Civic Centre and at libraries within the municipality. A hearing for public submissions will be held on Monday 3 June.

Online submissions should be made via Council’s website or sent by mail to the Chief Executive Officer, Knox City Council, 511 Burwood Highway, Wantirna South, 3152.

As stated by Mayor, Cr Jake Keogh:

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