Budget and rates

Published on 15 July 2022

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Each year, we prepare a budget and plan that we believe will best serve our community as we map out programs, services and projects for our various sectors. Our budget is often a delicate balance between allocating funds to services and assets. 

Our capital works program – road maintenance, stormwater management and the like – has millions of dollars allocated to help keep West Torrens safe and functioning, but we also have to consider the many services and programs that our residents may need. 

To help fund this important work, the average rate increase for 2022-23 is 3.0%. This will allow us to invest $38.06 million in projects supporting our capital works programs. 

We also plan to invest $70.8 million to continue providing existing services and we're earmarking $370,000 for upgrades to the River Torrens, $350,000 to continue our LED lighting upgrades and $470,000 to reserve developments.

Our major projects during this period will include the $8 million staged redevelopment of the Thebarton Theatre; the continuation of staged improvements at Richmond Oval; implementation of the Open Space Masterplan within the overall $2 million Kesmond Reserve redevelopment; and Stages 1 and 2, valued at $1.5 million, of the Plympton North Stormwater upgrade.

In preparing this year’s Annual Business Plan and Budget, we have carefully considered the needs of everyone in our diverse community and how they blend with our Community Plan 2030, which captures our key priorities for West Torrens for the next decade.

You can read the full document online and download a copy or the summary document by accessing the links below.

Summary document

Adopted 2022-23 Budget and Annual Business Plan

Public notice - Advertiser 21 July 2022(PDF, 85KB)