WELLINGTON Shire Council has recorded an operating surplus of $13.49 million for the past financial year, well ahead of budget.
After council budgeted for a surplus of $2.16 million, the higher figure came after it received grants and other external funding earlier than expected for projects such as the Eastern Strezlecki Trail and Wellington Coastal Subdivision Strategy.
Council’s quarterly finance report revealed revenue from commercial tipping fees was higher than expected because of increased tipping resulting from the closure of Latrobe City Council’s facilities.
Council also received additional grant funding under the Country Roads and Bridges initiative, funding for the Loch Sport Neighbourhood Safer Place and Kilmany landfill cell construction.
After receiving increased income, expenditure also exceeded council’s budget by $1.7 million.
Stage one of the drainage project in Bland St, Yarram has been completed.
The major component of the Sale Urban Design Framework is progressing with part of the project carried forward, while detailed works on the Sale mall redevelopment have begun and will be completed by October.
The final design of the Marley St drainage project is being evaluated, with the majority of the budget carried forward.
The completion of the $3.3 million infrastructure upgrade at West Sale Aerodrome have been delayed because of flooded quarries where materials were being sourced.
The upgrade of wet decking and main plant replacement at the Heyfield pool is expected to be completed before this summer.