Home » News » Council ‘shouldn’t let debt stop investment’

Council ‘shouldn’t let debt stop investment’

Hume council should not become obsessed with paying off debt at the expense of funding necessary projects, according to Cr Adem Atmaca.

The former mayor said that while he praised the council’s efforts in reducing a borrowings debt of almost $28 million to just $1.8 million, he didn’t want it to limit investment in the fast-growing municipality’s future.

“It’s good to be debt-free, but at what consequence?’’ Cr Atmaca said. “I wouldn’t like this to be used as an excuse in the future, when projects come up, to say we can’t afford it.”

The council’s $218.88 million draft budget for 2016-17, which proposes an average rates increase of 2.5 per cent in line with the state government cap, was released to the public at a meeting at Sunbury Civic Centre on May 9.

A total of $74.10 million has been slated for new infrastructure, including $19 million to complete Craigieburn Park and $3 million for the Broadmeadows Town Hall redevelopment.

The council also plans to acquire land for more carparking in Broadmeadows CBD at a cost of $3.2 million, and it will improve parking and traffic flow in suburbs such as Roxburgh Park by creating indented parking bays in narrow streets.

The funding is in response to community concerns about parking.

Work will also start on a Meadowlink walking and cycling path from Seabrook Reserve to the centre of Broadmeadows, at a cost of $2.2 million.

The average household will pay about $45 extra in rates this year. But as this is a revaluation year, the degree of change will vary.

Inequality

Cr Atmaca said inequality would continue to be an issue.

“People are telling me their rates are higher than other municipalities based on their land value,” he said.

“We really have to address that. We’ve got some of the poorest people in our community and are paying rates similar to areas with some of Australia’s highest values. That needs to be looked at.”

Cr Geoff Porter said he was happy to support a budget and council plan that “created a strong legacy for future generations”.

“To me, the best news is Hume, debt free. What a great news story for this community to know,” he said.

Cr Casey Nunn welcomed the continuation of a “budget build bonanza” in Aitken ward, which covers Craigieburn, Greenvale, Mickleham, Roxburgh Park and Campbellfield.

She said close to $100 million had been invested in the past four years.

Mayor Helen Patsikatheodorou said the budget included the most ambitious capital works program seen in her eight years on the council.

“We want to deliver facilities and services as [the community] needs them, not 50 years down the track,” she said. “This is the Hume story for 2016-17 – huge investments in services and community facilities, combined with a low rates increase, a budget in surplus and virtually no debt.”

with Matt Crossman

Digital Editions


  • New chapter for festival

    New chapter for festival

    Lovers of literature rejoice! The Brimbank Writers and Readers Festival is returning next month for its biggest event to date. Thirty-four events will run over…

More News

  • Ambulance response times climbing

    Ambulance response times climbing

    Ambulance response times have been released for October to December 2025, with response times slightly increasing in the northern suburbs. According to Ambulance Victoria, Hume ranked third across the state…

  • Experience musical classics live

    Experience musical classics live

    Experience classic musical songs from The Phantom of the Opera to Cats live in South Morang at the premier Michael Crawford tribute show ‘Phantom’. Keith McNamara is excited to perform…

  • Community grants flow

    Community grants flow

    Purchase this photo from Pic Store: 530187 A sports playgroup for toddlers, a STEM school holiday program, a community volleyball initiative and a Pasifika community program are among the projects…

  • Keeping Hume cool on hot days

    Keeping Hume cool on hot days

    Purchase this photo from Pic Store: 336543 Hume councillor Naim Kurt has put heat on keeping community centres doors open on hot days. At the 9 February council meeting, Cr…

  • Calling all artists

    Calling all artists

    Purchase this photo from Pic Store: 336543 Applications for the Hume Gallery annual exhibition are now open, offering emerging artists the chance to display their work. The program aims to…

  • Stars with work to do

    Stars with work to do

    Everything is on the line for the Lalor Stars in the Diamond Valley Cricket Association Money Shield in the remaining two rounds. The Stars sit second last with two rounds…

  • New look Hume ready to do

    New look Hume ready to do

    Purchase this photo from Pic Store: 458912 It’s been an off season of change for Hume City in the National Premier League. While Hume finished in seventh and only two…

  • Demons’ ready for challenge

    Demons’ ready for challenge

    Purchase this photo from Pic Store: 507983 Mernda is hoping to lock in a win this Saturday and with it a spot in at least the Diamond Valley Cricket Association…

  • Additional health test for newborns

    Additional health test for newborns

    Victoria has become the first Australian jurisdiction to include sickle cell disease in its universal newborn health screening program. This expansion brings the total number of rare but serious conditions…

  • Residents encouraged to mind water usage

    Residents encouraged to mind water usage

    Residents across Melbourne’s north and west are being called upon to reduce their water consumption as state storage levels fall to 61% of capacity. This current level marks a decrease…