THE City of Adelaide has endorsed its 2017-18 Integrated Business Plan, which the council said funds major improvements to key transport links, streetscapes and Park Land facilities, and initiatives that will drive continued growth and increase the City's liveability and sustainability.
Lord Mayor Martin Haese said the council has listened carefully to community feedback, with more than 50 individual and group submissions received on the draft Business Plan during a three-week consultation period in May.
"We have delivered a balanced budget that reflects Council's commitment to delivering its Strategic Plan in a financially responsible and sustainable manner," he said, adding that every project and service is aimed at making Adelaide a smarter, greener, more liveable and creative city.
According to the council, highlights for next financial year include:
- Investment of $33.8 million in city infrastructure to ensure Adelaide remains one of the world's most liveable cities;
- Contribution of $16.8 million (bringing total investment to $34.2 million) for the City Bikeways network, Gawler Place redevelopment, and Market to Riverbank Laneways Link;
- Contribution of $2.5 million (bringing total investment to $5 million) towards the East End tram stop and streetscape upgrades along North Terrace as part of the State Government's tram extension from King William Street to East Terrace;
- Commitment of $14.8 million to Park Lands projects and maintenance (including $4.7 million to improve community facilities with better play spaces, lighting, landscaping and accessibility);
- Allocation of $7.3 million in grants and sponsorships to support a range of cultural celebrations, community collaborations and recreational events, working with strategic partners such as Festivals Adelaide, Renew Adelaide, Study Adelaide, Adelaide Convention Bureau and Music SA;
- Grants and sponsorships includes strategic incentive program investment with $1.4 million allocated for Council's Climate Change Action initiatives fund and $1.3 million for built heritage management grants;
- Commitment of $1.1 million towards business growth and innovation opportunities to promote economic development;
- Allocation of $0.5 million to continue work on the next stage of the Central Market Arcade Redevelopment Master Plan; and
- Ongoing support for community centres and libraries, as well as homelessness, volunteering, reconciliation and community development programs.
Cr Haese also announced that for the third consecutive year, the council has frozen the rate in the dollar for its residential and commercial ratepayers, with significant growth from new residential and business developments helping to minimise the impact of any rate increases.
"New developments will increase the City of Adelaide's rateable property base by 2 per cent, an indication our city continues to grow. The first full valuation of properties in the City of Adelaide since 2014-15, verified by the SA Valuer-General, has resulted in an increase to rate revenue of 1.5 per cent," the Lord Mayor said.
"Rates comprise nearly half our total revenue and are essential to fund the delivery of vital community services, maintain our roads, parks and other assets, as well as deliver new infrastructure. However, we know many families and businesses are struggling with increased costs and we want to minimise the impact on our community wherever possible."
More information is available from the City of Adelaide website at <http://www.cityofadelaide.com.au/your-council/strategic-corporate-planning/integrated-business-plan/>.