The City of Ballarat 2019/20 Budget and Strategic Resource Plan were officially adopted by Council at a Special Council Meeting this evening. All community feedback on the Draft Budget, including submissions and presentations made to Council at a Special Council Meeting last week, were considered during its development. This year’s budget is the third budget for this Council’s four-year term and has been produced in line with the Council Plan 2017-2022 to determine what projects, services, events and other initiatives will be funded and delivered in the coming financial year. City of Ballarat Mayor Samantha McIntosh said the budget included key projects for Ballarat’s future. “Prudent financial management over the past two years has improved the City of Ballarat’s financial sustainability. “Pleasingly, this has enabled us to support several bold projects that respond to Ballarat’s present rate of growth and stay ahead of the growth to come, while also continuing to deliver on the services which our ratepayers expect,” Mayor McIntosh said. “This includes $15 million over the next three years for stage one Bridge Mall and Bakery Hill precinct works, including reopening of the Bridge Mall.” Other highlights include: Ballarat Central Library - $1.9 million over two years towards its first major refurbishment since it was opened in 1994.
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