FAQs
- Community, Sport & Recreation Facilities (CSRF) Plan
- Public Open Space (POS) Strategy
- Integrated Transport Strategy
- Master plans (e.g. Bibra Lake, Coogee Beach, Manning Park, etc.),
- Various asset management plans and strategies (e.g. roads, footpaths, drainage, parks and environment, buildings, etc.).
What is the draft capital works budget?
The City’s draft capital works budget contains planned spending for the year on new assets, as well as the renewal or upgrade of existing assets to maintain high service levels to the community. It is subject to Council deliberation and approval in June 2023.
How are capital works projects funded?
The primary funding source for capital works is revenue from property rates, either raised in the same year or saved into financial reserves to smooth out year to year rates increases.
The City also generates significant funding for specific capital projects from developer contributions per approved plans.
Also, both Federal and State Government funding is actively pursued and secured for significant road, building and park development-related projects.
The City uses borrowings conservatively where projects can generate a return to repay the debt.
Who approves the budget?
The City will present the draft Capital Works Budget to Council for consideration at the Special Council Meeting in June. Council will deliberate and approve the final budget.
A copy of the meeting agenda will be published on the City of Cockburn website prior to the meeting.
How is the draft capital works budget formed?
The draft capital works budget takes direction from the City’s Strategic Community Plan objectives and specifically delivers upon commitments contained within the City’s Corporate Business Plan and Long Term Financial Plan (LTFP). A number of other plans and strategies feed into these including: