09/10 Joondalup Budget
The 2009/10 City of Joondalup Budget for was adopted by Council on 17th June 2009 in a difficult economic environment, adversely impacted by shrinking investment returns of $2 million, reduced development and building application fees, declining revenues from recyclables, an increase in utility charges of 25% and increased landfill levy of 300% (as of 1st January 2010).
Despite these challenges, the City of Joondalup rates were only increased by 3% for residential and 5% for commercial, the lowest rate rise in seven years and predominately due to Council’s sound financial management in our previous three budgets.
The highlight of this year’s budget is the extensive capital works expenditure of $41.2 million, the largest capital works expenditure this decade as the City manages its renewal of ageing assets and infrastructure in the southern and central suburbs and the rollout of new infrastructure in the northern suburbs.
This year’s budget is both responsible and considered, recognising the current economic climate and is driven by the City’s vision to be “A sustainable City that is committed to service delivery excellence and operates under the principals of good governance”.
