Capital injection drives economic prosperity
A massive capital works program will improve essential services, enhance liveability and drive economic growth in the region.
Council today endorsed its 2018-19 budget, which includes a $129 million capital works budget, with nearly 45 per cent of the funding bucket allocated to renewing existing assets.
Mayor Greg Williamson said the strong infrastructure focus would deliver long-term benefits to residents.
“Investment in solar projects, key public amenities and road and drainage upgrades will improve the liveability of every resident for decades to come,” he said.
Cr Williamson said this budget provided funding for more than 224 projects over the next 12 months.
“Our capital works program is an investment in the connectivity of our community and the wellbeing of our residents,” he said.
In the recent Community Attitude Survey, 86 per cent of people rated Mackay as a good place to live due to its access to public open spaces, inclusivity and recreational activities.
“One of the most exciting projects is the completion of the three new aquatic facilities and a first-class athletics track with the completion of stage one of the Mackay Regional Sports Precinct,” Cr Williamson said.
The budget delivered a capital works program that looked after residents of all ages, he said.
“There’s $2.4 million for parks and playgrounds plus $2 million of the $8.6 million funded by the State Government will be spent this financial year on Queens Park.
“This is being achieved with a healthy operating surplus of $482,000.”
Key capital investment
- $44.9 million in roads, drainage
- $14.3 million for upgrades to the sewerage network
- $10.3 million for water infrastructure
- $5.4 million for new bikeways and footpaths
- $5.2 million for Parks, Gardens and Coastal Foreshores
Council has retained its $1 million investment to attract more quality events and conference to the region. The Mackay Waterfront Priority Development Area (PDA) will be progressed with an allocation of $1.5 million.
Cr Williamson said the Invest Mackay Events Attraction Program was a proven winner.
“Our return on investment has been incredible as this program improves our reputation nationally and generates enormous economic benefits to local business,” he said.
In the last 12 months, council has approved 39 events and seven conferences as part of the funding program.