City of Newcastle forecasts $3.1 million surplus 20/21

The City of Newcastle is forecasting $3.1 million surplus for 20/21 and has earmarked $83 million works program which includes a $19 million investment in key initiatives at the Summerhill Waste Management Centre, including the expansion of Cell 9 for landfill and construction of the Organics Recycling Facility; $9.2 million on Urban Centre and City Centre revitalization; and $5 million to continue the revitalization of the city’s coastline.

Other highlights include:

• $11.8 million on road and transport infrastructure projects;
• $26.7 million to city wide services (including $2.7 million on aquatic centres, $3.2 million on recreation, parks, sporting facilities and open space as well as $19 million on waste initiatives);
• $6.7 million to improve stormwater systems and address flooding; 
• $7 million to improve environmental sustainability;
• $3.5 million to drive a resilient economy; and
• $5.2 million towards replacing outdated fleet.

A further $3.5 million has also been set aside to combat coastal erosion in Stockton through short-to-medium-term measures permitted under the Coastal Zone Management Plan, approved by the NSW Government in August 2018.

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