Corporate strategy and performance director John Paton said the 2013-14 budget was the culmination of significant work across the organisation.
Mr Paton said growth in the City over the past 12 months had been a little lower than predicted, but it still had 6200 new residents, reflecting a 3.7 per cent population growth, and about 3000 new lots created.
‘We believe that the budget is a prudent budget. It is setting our- selves up to meet the needs of our growing community,’ he said.
The draft budget includes an anticipated operating income of almost $150 million and spending of $151.4 million, both increasing by about 8 per cent on the 2012-13 budget.
It allocates almost $42.2 million for capital works, plus $30.2 million carried forward from this financial year.
Council will consider adopting the budget and the City’s long-term planning and reporting framework at a meeting tonight.