Budget

Each year Rockhampton Regional Council determines a schedule of programs, services and projects to be undertaken in the coming year. A big part of the budget process looks at what needs to be done, and what can be achieved across the Region.

During the budget process rates are determined when Council accesses how much investment is required to deliver this program while considering the circumstances of our ratepayer base endeavouring to maintain rates at the best value for service possible.

Council aims to position the Region for sustainable growth through forward planning while working alongside business, industry and communities

Budget 2018-2019

This year’s Budget struck the right balance between responsible, strong financial management and building a bigger and better Rockhampton.

The centrepiece of the Budget is a record $131.2 million Capital Works Program which balances big ticket economic projects with essential infrastructure and includes our own funding as well anticipated grant funding to build the major projects.

This Budget includes $41.4 million on roads, bridges, drainage and footpaths, and $14.4 million on water and sewerage infrastructure across the region

Included in that is $5.3 million to reseal our roads and $3 million to continue the rollout of needed new stormwater infrastructure across the region, which is a commitment we’ve kept in every Budget.

This Budget also sets out the big job creating infrastructure projects for our region, many of which have attracted external state and federal funding to a total of $29 million for the 18/19 financial year, to help grow our economy.

Over the next three years, Council has budgeted:

• $31.5 million for a new Rockhampton Art Gallery
• $64 million to deliver the South Rockhampton Flood Levee subject to expected funding from other levels of Government.
• $4.6 million for the Hockey Redevelopment at Kalka Shades
• $2.9 million for further development of Fraser Park on Mount Archer with multiple funding sources for both projects.
• $14 million has been allocated to upgrade the Rockhampton Airport Runway
• $20 million over two years for the V8 Supercars infrastructure on the basis this gets to the next level with grant funding.
• $1.9 million has been allocated for Gracemere’s Cedric Archer Park Wetlands
• $800,000 towards facilities improvements for Mount Morgan’s Rail Complex and Pool.

The 2018-19 Budget also allows Councils to establish a brand new fund to target sustainable initiatives which will reduce Council’s carbon emissions and increase Council’s financial savings.

This program of works is ambitious but it will also deliver real wins for our region by generating local jobs, driving economic growth and helping build a bigger and better Rockhampton. 

Click here to view the adopted 2018-2019 Budget. (PDF, 4MB)