Ambitious Devonport works budget – Sea FM Burnie

Devonport Council will spend around $35 million next financial year if its draft budget is passed next week.

The proposed budget will be tabled at next Monday night’s monthly council meeting for June, with projected expenditures of $50.7 million and revenues of $52.2 million, resulting in a net operating surplus of $1.51 million.

Rates will increase by 4.5 percent, well below proposed rate increases in other coastal municipalities.

Devonport Mayor Alison Jarman says rates have only increased by 10.3 per cent in three years, well below the inflation rate of 15.7 per cent for the same period, reflecting good financial management by the council.

Key spending items include $15.25 million for the start of the new indoor sports stadium near the Devonport Oval and $10.36 million for stormwater and road improvements.