Cairns Regional Council's 2017-2018 Budget was handed down at a Special (Budget) Meeting on Monday 26 June 2017.
The 2017-2018 Budget is Council's fifth consecutive balanced Budget. It features total operating expenditure and total operating revenue of $294 million.
Focused on creating a highly liveable city, it features a $169 million capital works program investment in lifestyle-enhancing recreational, sporting and cultural facilities, as well as critical infrastructure, roads, safety and city amenity.
The Budget delivers a modest 1.75 per cent rates and utilities increase for almost all ratepayers.
- Balanced Budget with a total operating expenditure/revenue of $294m
- Low rate rise
- General rate increase of 1.75% (below CPI)
- Utility charges increase by 1.75%
- 99.6% of ratepayers to receive an increase of 1.75% or less
- Total Capital Works Program worth $169m:
- $43.7m to complete CPAC
- $34.5m spend on roads and transport
- $37.9m on water, sewerage and waste infrastructure
- $22.8m on sporting and recreation infrastructure
- Focus on lifestyle-enhancing projects
- Stimulating the Economy
- $367m will be spent in the community on resources, materials and services
- $3m to support tourism industry and initiatives
- $1.5m to support major sporting and cultural events
- $422,000 for economic development initiatives