Pylon restoration on wishlist
COTTESLOE Council wants to spend $243,000 to again restore its iconic beach pylon in the 2017-18 budget, which includes a 3 per cent rates rise.
“We’re pretty self-sufficient, as we’ve managed our finances,” Mayor Jo Dawkins said, after the budget was approved at a special meeting last week.
In 2009, the Federal Government chipped in $122,000 and Lotterywest provided $50,000 for repairs after the pylon was toppled by a storm.
The council is now investigating options to repair the pylon’s damage below the water line that will last up to 25 years, but will have to use its own money because no grant funding is currently available.
However, it will seek State and Federal government funding when designs are complete for a greater Foreshore Revitalisation Project.
Mrs Dawkins said the council budget had anticipated for any increases to streetlight power costs from the pending State Budget.
The 3 per cent increase will result in $9.764 million being collected in rates, up $221,079 from last financial year. Asked if rates growth of about $150,000-$200,000 was enough to sustain the council's budget, a spokeswoman said a long-term financial plan demonstrated the council’s viability in the next 10 years.
A remaining $5.9 million from the $9.1 million sale of the Town’s depot several years ago comprises most of $9.38 million in reserves, from which $623,500 will pay for foreshore and beach-related projects.
The $4.199 million capital works program includes a new $161,534 Marine Parade bike path, for which concept plans are being developed, and $269,223 for a path for the Station Street revitalisation project.
An allocation of $250,000 will fund the first stage of the Foreshore Renewal Project, including a beach access ramp and path improvements.