NPSP Adopts Responsible Budget for 2017-2018

11/07/2017

 The City of Norwood Payneham & St Peters adopted its 2017-2018 Annual Business Plan & Budget
at its meeting held on 3 July, which sets an average rate increase of 2.65 percent for residential properties, and 2.03 percent decrease for commercial properties.

The 2017-2018 Budget was developed through a comprehensive review and consultation process with Elected Members and Council staff, and consultation with the community.

The Budget remains future-focused and financially responsible which aims to ensure that the Council’s continuing and emerging priorities can be appropriately resourced.

“The Council has again worked hard to ensure a fair and reasonable Budget for 2017-2018, which is ultimately focused on improving well-being of our community through a range of special projects and ongoing programs, services and initiatives,” said Mayor Robert Bria.

“Finding the balance between low rate increases and ensuring the delivery of infrastructure and services to a standard that meets community expectations and needs can be challenging, but I believe we have achieved this while keeping in mind the financial pressures which many households are currently experiencing.”

“In keeping rate increases at a minimum whilst maintaining a healthy operating surplus of $3.081 million, the Council is demonstrating that it is responsibly managing finances and ensuring the ongoing financial sustainability of the City.”

The 2017-2018 Budget continues to build upon the strategic objectives and outcomes which are contained in the Council’s strategic plan, CityPlan 2030, and its Long-Term Financial Plan 2012-2022.

Major projects which are planned for delivery in 2017-2018 include:

  • Capital Works Program $3,116,006
  • Implementation of the Felixstow Reserve Masterplan $3,200,000
  • Payneham Memorial Swimming Centre Main Pool Refurbishment (Stage 1) $560,000
  • Preparation of a Masterplan for Adey Reserve $100,000
  • Construction of new Norwood Oval Clubrooms and Members Facilities $5,820,000
  • Upgrade of the River Torrens Linear Park Path $960,000
  • Completion of The Parade Masterplan $100,000.

The full version of the Council’s 2017-2018 Annual Business Plan & Budget can be viewed online at www.npsp.sa.gov.au or in hard copy at the Council’s Customer Service Centre at 175 The Parade, Norwood  or any of the Council’s Libraries.

For further information regarding the 2016-2017 Annual Business Plan & Budget, please contact the Council’s Acting General Manager, Corporate Services, Sharon Perkins on 08 8366 4585 or email townhall@npsp.sa.gov.au

Media Contact: Mayor Robert Bria on 0431 754 077