$104 million capital works program for 2022-2023
Published: 22 Jun 2022
Three signature projects are some of the focal areas of a $104 million capital works program budgeted for 2022-2023.
A total of $15.2 million has been allocated to the Mackay Waterfront Priority Development Area, Northern Beaches Community Hub and Pioneer Valley Mountain Bike Trails.
Mayor Greg Williamson said council would spend $58.5 million on renewing existing assets, $18 million on upgrades and $27.5 million on new assets.
The amount of capital expenditure for 2022-2023 allows council to address key areas without the demand for additional borrowings.
“We are continuing to build on signature projects that are on the table and progressing well,” Mayor Williamson said.
“Ground-breaking works commenced in March for Mackay Waterfront’s Riverside Revitalisation project, which we know will be a game changer for our region,” he said.
“And with the adoption of today’s budget, we will see an additional $6.2 million put towards River Street’s service road and further riverside improvements.”
Two Queensland Government Works for Queensland partially funded projects are also included - $3.8 million for Seaforth Esplanade masterplan implementation and $1.7 million for Woodlands District Park.
Deputy Mayor Cr Karen May said, as a council, we serve a vast region with a small rates base compared to many other local government areas.
“While the 2022-2023 capital works program covered signature projects, it also encompasses critical infrastructure work such as $11.8 million for trunk drainage projects,” Cr May said.
“This includes $2.3 million for Pioneer River levee construction between Rivers Edge Estate to Heaths Road and $1.9 million for drainage restoration works on Oak Street in Andergrove,” she said.
The 2022-2023 budget includes the adoption of 10-year forecasted capital works program.
The Mackay region covers 7622sq kms with 53,134 rateable properties and in comparison, Townsville covers 3736sq kms with 85,396 rateable properties.