July 29, 2012 1 Comment
This week the City of Fremantle adopted its 2012/13 budget. Boring for most people I know but I found it exciting.
We were pleased we managed to make the rate increase the lowest in the metro area – at 3.5% in line with CPI.
The City of Fremantle total budget is around $81.6m which sounds a lot but then again there is lots to do. Here are some highlights:
- We created a new low carbon city reserve –0.9% of rates (~$300,000) for ongoing carbon reduction initiatives.
- geothermal power / co-generation heating of Leisure Centre pools $1.2m
- new Leighton Beach kiosk – $1.1m
- completion of Old Port Project (Arthur Head) upgrades and heritage conservation – $540,000
- City of Fremantle Bike Plan – $420,000
- eco-zoning to reduce water use at Fremantle Park – $350,000
- development of a regional skate park at Esplanade Park – $600,000
- Fremantle Markets conservation works – $400,000
- replace Film and Television Institute roof – $600,000
- internal fit-out of Victoria Hall -$400,000
- way-finding signage for major off-street parking sites in Fremantle -$300,000
- investigation of Fremantle ocean pool viability – $20,000.
We also created new investment reserves of $12m established to fund major strategic projects–including:
- Leisure Centre upgrades $ 2.0m
- Fremantle Town Hall refurbishment $ 2.0m
- Cantonment Hill master plan $ 2.0m
- Kings Square improvements $ 2.0m
- Stan Reilly re-development $ 2.0m
- Improved playground spaces $ 1.0m
- sustainability reserve $ 1.0m.
The idea is to ensure that Council reserves (ie ratepayer – your – money) would be spent in Fremantle if local governments are amalgamated next year as looks increasingly likely.
To view a copy of the council budget item and minutes of the meeting (when available) visit the agenda and minutes section and thanks for making it this far. Brad