Over $40 million set to be invested – a big boost for local economy
Published on 25 June 2020
It was a positive feeling in the Cessnock City Council chambers overnight, with the adoption of Council’s 2020-2021 Operational Plan that includes a $30 million Capital Works Program, which will reach over a record $40 million following the next budget review. This is due to recent announcements of additional grant funding.
Despite difficult times and the unprecedented impacts of COVID-19 Council has managed to successfully deliver a budget of $97 million with a small surplus. Council has also successfully maintained service levels despite the challenges of operating within government restrictions.
Cessnock City Mayor, Councillor Bob Pynsent said it’s an exceptional plan that will provide a boost to our local economy at a time where many in the community have felt firsthand the financial impacts of COVID-19.
“The $30 million capital works program will have positive flow on effects for our community, local businesses and local jobs. There’s more good news to come at the next quarterly budget review which takes into account more grant funding recently announced, including a $6.6 million grant secured for the upgrade of Cessnock Airport. This project has the potential to create nearly 60 jobs and could see up to $32 million injected into our economy over time. Our success in gaining grant funding has increased our ability to deliver for our community and kick start infrastructure projects that inject much needed funding into our economy.”
Other highlights include $11.69 million in grant funding:
- Bridges Hill Park, Cessnock – Playground Upgrade ($851,018) & Improve Walking Path Access from CBD ($198,000)
- Kurri Kurri Commercial Centre Upgrade ($3,717,900)
- Hunter Valley Wine Country Tourist Signage ($1,948,876)
- Yango Creek, Wollombi – Replace Bridge over Wollombi Brook ($1,176,500)
- Gingers Lane, Weston – Upgrade Road Stage 3 ($2,593,485)
- Hart Road, Gingers Lane, Government Road, Loxford – Replace Roundabout ($2,004,000)
The robust plan sets out the key actions Council will be achieving in the next 12 months. This is the final Operational Plan to deliver the objectives and plans identified in the four year 2017-21 Delivery Program.