Updates on major projects
The 2015/16 financial year was one of the most exciting and progressive years for Council.
You can also view a short video about our achievements.
The 2015/16 financial year was one of the most exciting and progressive years for Parkes Shire Council, delivering a record capital works budget of $42m to deliver many priorities to its communities of Parkes, Peak Hill, Trundle, Tullamore and Bogan Gate.
Fit for the Future
Council was deemed Fit for the Future, moving forward as a strong stand-alone organisation. The benefits of the Special Rate Variation (SRV), which was introduced in 2013 to ensure financial stability, were further realised with Council’s financial situation turned around enabling the organisation to fund community priorities.
The SRV increased Council’s revenue by $2.802m in 2015/16, enabling Council to dedicate additional funds to priority works identified through community consultation.
The SRV has also enabled Council to reduce its infrastructure backlog and improve the condition of Council’s assets. Council is above the benchmark with a ratio of 2.05%. As a result of this dedicated delivery program, Parkes Shire Council’s building and infrastructure renewal ratio was 207% (more than doubling on previous years) and asset maintenance ratio was 1.08 and capital expenditure at 2.1.
Major projects have been delivered including:
- an $12m upgrade of Lake Endeavour Dam to future proof this major water source for the Shire
- a new airport terminal and associated precinct upgrade for $3m, and
- doubling of the roads spend to $7.89m of sealed and unsealed works - totalling a massive 80km of upgraded roads.