The cost of amalgamation and cost shifting by the State government has added a significant burden to Council's budget.
| Item | Description | Amount |
|
Cost of amalgamation |
Council media release (8/10/2020) - significant and ongoing impacts, estimate could be in excess of $100M |
$ 100 M |
|
Gosford CBD SEPP |
Reduction in developer contributions to Council from 4% to 1%. In Oct 2018, the NSW Department of Planning valued the 3% decrease at approx. $190M |
Up to $ 190 M |
|
Local Planning Panel |
The LPP was established by NSW government to take decision making away from Council. In May 2020, in a staff report to Council, it was estimated that the cost burden to Council for the operation of the Panel is in the order to $400,000 per annum |
$ 400,000 per annum |
|
Emergency works – Wamberal Beach / North Entrance |
July 2020 coastal erosion event - State government issued a direction requiring Council to construct emergency toe protection works. In Feb 2021, the total cost was estimated at $2.866M. The NSW government has reimbursed $992,501 thus far. (Ref Council report—3 Feb 2021) |
$ 1.894 M |
|
Biodiversity Offsetting |
NSW government payments to offset environmental impacts at Kangy Angy and Lisarow wetland. The Development Application for Kangy Angy was approved in 2017, construction completed in 2020—still no payments for biodiversity offsets. |
UNDISCLOSED |
|
Cost shifting |
Council media release (8/10/2020) - estimate $45M or more per annum |
$ 45 M |
| TOTAL |
> $337 M |
|
Last Updated: 24 February 2021
