Wakefield’s budget adopted for 2026/27
Council’s Annual Community Plan and Long-Term Financial Plan were both adopted at a July Special Council meeting.
Detailed in this year’s plan is a capital expenditure budget of $11.03M which consists of $8.28M in renewal works and $2.75M in new capital works.
This capital budget will allow Council to continue to focus on required renewal and maintenance along with essential new capital works on roads and storm water infrastructure to support the ongoing delivery of Wakefield 2030.
Mayor Rodney Reid said now more than ever was the time to be ensuring a sustainable approach to the operation of our Council.
“Ensuring sustainability is the best way to counter rising costs that we continue to see locally, nationally and across the world.
“Within this year’s budget we take advantage of our success in grant funding, with a key project being the significant safety upgrades to be made at the Blyth Road and Black Range Road Intersection thanks to $575,121 in grant funding from the Federal Government,” Mayor Reid said.
Key projects in this year’s plan include:
- $380k for the renewal of Kybunga Top Road Bridge and upgrade of the approach safety barrier
- $1.6M for the construction of the Townsvale Estate sub base and flood mitigation.
- $625K for the Port Wakefield tidal pool footbridge (carried forward from 2025-26)
Rate in the dollar valuations for 2026/27 were adopted as;
- Residential - $0.2895 cents in the dollar
- Commercial (Shop, Office, Other) - $0.3680 cents in the dollar
- Industrial (Light, Other) - $0.3880 cents in the dollar
- Primary Production - $0.1841 cents in the dollar
- Vacant Land - $0.3100 cents in the dollar
- Other- $0.3500 cents in the dollar
An average general rate increase of 6.69% was adopted for 2026/27 which will source $12.32M in general rates.
The full Annual Community Plan for 2026/27 can be viewed on Council’s website at wrc.sa.gov.