Glenorchy City Council tonight officially adopted its budget for the 2024/25 financial year.
Mayor Sue Hickey said the budget underpinned Council’s continuing investment in infrastructure and service delivery to support sustainable growth.
“Importantly, this budget also continues Council’s commitment to sensible financial management, maximising our investment into the community without saddling ratepayers with long-term debt.
“To that end, we are on track to deliver a surplus in 2025/26.”
Acting Mayor Hickey said Council was focused on ensuring the city remained vibrant, active, and an attractive place for people to live and work.
“We know our city is continuing to grow, and we know that we need to provide an ever increasing suite of services and infrastructure to support that growth.”
Council votes on a rates increase of less than six per cent as part of the budget.
“Glenorchy will continue to have some of the lowest rates per property of equivalent Local Government Areas in the state. The increase is also lower than other councils in the Greater Hobart Area,” Mayor Hickey said.
“Council understands the cost of living pressures people are facing, and we have implemented budget measures designed to keep rates as low as possible while providing the services our community rightly demands and maintaining an asset base worth more than $1 billion.”
Key budget highlights include:
- $26.9 million in capital works
- Resurfacing more than 7km of roads
- Replacing more than 4km of footpaths
- Black spot projects at Grove Rd and Anfield St, Main Rd at Austins Ferry and Kensington St school crossing
- $1.1 million on flood mitigation works
- $1 million for parks and reserves, including the Claremont pump track
- $450,000 for tracks and trails at Windermere Bay
- Commencement of work to repair the Glenorchy War Memorial Pool
Mayor Hickey said Council would focus on delivering programs to boost public safety, provide engagement and activities for young people, reduce graffiti and vandalism and improve the overall cleanliness of the city.