The City of Parramatta will invest close to $615 million in projects and services over the next 12 months as it continues to build on its vision for the growing global city.
Lord Mayor Cr Sameer Pandey said the City’s plans for the year ahead were defined by one of the biggest capital project pipelines of any council in NSW.
“The transformation of our city isn’t slowing down,” Cr Pandey said.
“This year’s budget includes more than $286 million for construction projects as we deliver on one of the biggest capital pipelines in Council’s history.
“We’ve been able to do this while limiting the impact to rates with 33 per cent of the capital works budget sourced from State and Federal funding and another 10 per cent from developer infrastructure contributions.
“But while we continue to build for our future, we’re also investing in projects that make Parramatta the best place to live right now – from the completion of our new Parramatta Aquatic Centre to a revitalised town centre at Epping.”
“We’re also investing in our environment, building on our new carbon neutral certification for the City with more investment in trees, enhancing the health of the Parramatta River and a new community recycling facility.”
City of Parramatta chief executive Gail Connolly said Council was focused on delivering the services the community needed now and for the long-term.
“The City of Parramatta is growing fast and we’re committed to building the infrastructure we need to keep pace with that growth and ensure we realise our potential as the heart of global Sydney,” Ms Connolly said.
“In the next 12 months, we’ll invest in the services and small projects that make a big difference to everyday life now and big projects that will deliver benefits for future generations.
“Our plans are shaped by the community’s feedback with every dollar aimed at making the City the best place to live, work and invest.”
Rates account for about half of Council’s income and will increase 3.7 per cent in 2023-24 – about half the cost of inflation. It equates to an average residential increase of less than $3 a month and an average business increase of about $65 a month.