The City of Adelaide's 2026-27 Business Plan and Budget (BP&B) has been endorsed for the community to have its say. The final draft budget for this term of Council continues to deliver on Council's Strategic Plan 2024 - 2028 and highlights include:
- Investing over $29.7m into new and upgrade capital works - continuing to ensure the right investment is provided to the future of our Community Sports and Park Lands facilities, delivering the revitalisation of our main streets and further city greening.
- Opening the expanded Adelaide Central Market - strengthening the Market's diversity, vibrancy and strong sense of place through a once in a generation expansion, including an additional 50 tenants, as part of Council's partnership with ICD Property to deliver the $600m Market Square project, which also incorporates new residences, commercial office and hotel.
- Co-delivering an investment in city living - working in partnership with the State Government and community housing sector to progress the Flinders Street Housing Project to support housing supply, affordability and deliver on our target of 50,000 residents.
- Undertaking more than $68.8m in asset renewal - maintaining and improving the $2 billion plus Council owned assets such as our roads, buildings, footpaths and Park Lands.
- Delivering $11.3m of projects towards our strategic commitments - including the Integrated Transport Strategy, Integrated Climate Strategy, Disability Access and Inclusion Plan, Stretch Reconciliation Action Plan, Homelessness Strategy, Property Strategy, Economic Development Strategy and our Strategic Plan.
- Strengthening community connection with Council - delivering best practices for awareness and participation in the upcoming Local Government elections and the implementation of our new Community Engagement Charter and Policy.
- Building our organisation's digital future - creating a high-performing and customer-centric organisation through investing $2.7m in our Information Management Roadmap, as well through spatial mapping, AI and cybersecurity enhancements.
- Funding through responsible principles of financial sustainability - reflecting a general rates revenue increase of 5.6 per cent.
Lord Mayor Jane Lomax-Smith said the budget strikes a balance between discipline and ambition.
"It is a practical budget for uncertain times and is one that lays the groundwork for an ambitious future for Adelaide," said the Lord Mayor.
"I encourage all residents, businesses and stakeholders to review the draft budget and have their say.
This feedback will help shape the final plan and ensure it reflects the priorities of our community."
Consultation commences today and concludes on Tuesday, 26 May.
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