The City of Adelaide's 2025-26 Business Plan and Budget (BP&B) has been adopted.
It follows extensive consultation on the Draft BP&B which provided the community with an opportunity to provide its feedback. The BP&B sets out the Council's priorities, services, programs, projects and budget for 2025/26.
This plan delivers on year two of the Strategic Plan 2024-2028 and Council has provided a list of priorities, highlights and measures for the year ahead (our strategies and plans).
Highlights of the BP&B include:
- Investing over $39 million into new and upgraded projects, such as transforming the former Adelaide Aquatic Centre site into a community playing field, upgrading James Place, progressing the redevelopment of the Central Market Arcade (pictured) and continuing to expand greening and tree planting throughout the city.
- Undertaking over $67 million in maintenance and renewal for the $2 billion plus Council owned assets (roads, footpaths, parks, buildings etc) in line with Council's endorsed Asset Management Plans.
- Continuing our commitment to upgrading Park Lands Buildings, ensuring that sporting clubs and our community have the facilities they need now and for future generations, with works commencing at the sporting clubs at Golden Wattle Park / Mirnu Wirra (Park 21 West) and Mary Lee Park / Tulya Wardli (Park 27B).
- Implementing the Mainstreet Revitalisation Program, with works progressing in Gouger Street, Hindley Street, Hutt Street and Melbourne Street, and designing of O'Connell Street.
- Stimulating growth in the City's economy through the implementation of the Economic Development Strategy and the Adelaide Economic Development Agency's Strategic Plan.
- Improving active transport and safety, with a pedestrian crossing being installed at Franklin Street, traffic signal upgrades on Morphett Street and cycling path improvements along Peacock Road and the Adelaide Park Lands trail.
Lord Mayor Jane Lomax-Smith said the BP&B continues to focus on budget repair after continued financial pressures have impacted Council's ability to renew assets, upgrade infrastructure and provide core community services.
A rate revenue increase of 5.6 per cent for existing ratepayers will deliver on this.
