Gold Coast ratepayers have been promised a rate increase of less than $1 a week as Council prepares to spend big on roads and transport in today’s budget.
Rate rises will come in at just 1.68 per cent, equal to less than $50 a year for the average Gold Coast home owner.
While the State and Federal Governments bicker over funding for Light Rail Stage 3A, Council will up its contribution to around $98 million.
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A total of $280 million will be spent on road and transport projects, including major upgrades to the Sundale Bridge and Isle of Capri Bridge.
Mayor Tom Tate unveiled plans for the Sundale Bridge on Wednesday which is expected to cost $34 million.
It will see an extra lane added as well as widening of the Gold Coast Highway and Waterways Drive.
Money will also be set aside in the budget to help get a ferry service trial up and running by the end of the year.
“When we did budget consultation, the foremost commentary has always been ‘what are you going to do about roads?’ and what I’ve done is prioritise roadworks.” Mayor Tate said.
“I always said on the record, planning for the next four years we’re going to be spending $541 million on transport infrastructure.”
Council’s budget has grown to $1.7 billion with Mayor Tate to deliver his 8th budget surplus in a row.
Debt also continues to be reduced, with an extra $8 million to be paid off the city’s credit bill.