The City of Kalgoorlie-Boulder last night adopted its budget for 2020/21, starting the year from a strong financial standpoint.
Mayor John Bowler said Council had adopted the budget, which was built around the premise of a 0% rate in the dollar increase, and with a strong focus on ongoing support for the local economy and community as Kalgoorlie-Boulder continues to recover from the effects of the COVID-19 pandemic.
“We are starting this year from a strong foundation, and the City’s continued strong ranking in the annual Financial Health Index for local councils published by the State every year definitely reinforces that,” Mr Bowler said.
“In the budget this year, we have allocated half a million dollars for COVID-19 recovery, with $250,000 for arts and cultural activity and $250,000 for local economic stimulus programs. We have also allocated another $250,000 for City marketing initiatives to encourage people to live in Kalgoorlie-Boulder and visit as tourists.
“We also have about two thirds of the original COVID-19 Fighting Fund for community and sporting groups carried over, which was unspent in the 2019/20 financial year.”
City of Kalgoorlie-Boulder CEO John Walker said the City had been prudent with its spending, but still had several big ticket items for the community to look forward to.
“We have set aside more than $40million for capital works projects, which will be a significant investment in our assets, and includes just over $12million for our roads program, and an additional $5.9million for improving the City’s sewerage, drainage and water systems programs,” Mr Walker said.
“Other key infrastructure spending includes further improvements to the Trans-Access Road, upgrades to the Kalgoorlie-Boulder Airport terminal, and the planting of another 1500 street trees.
“We have set aside cash funds to fully fund our contributions to both the Kal City Centre and Kalgoorlie Golf Course Resort and Club House projects, and will also be installing Wi-Fi in both the Boulder and Kalgoorlie CBD’s, and we have set aside funds to carry out extensive renovation works on both the Boulder and Kalgoorlie Town Halls.
“We have not budgeted to borrow new funds in this budget, however the City has committed to reviewing the expenditure on further major capital works at the mid-year
review after the pandemic is more understood, particularly with its effect on our finances and after the State Budget is delivered, which will hopefully provide matching funds to local government capital works.”