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Recovery and revitalisation key to the city budget

Written by City Reporter

Recovery and revitalisation key to the city budget

The City of Sydney will spend more than $530 million in the next financial year to support the city’s post- Covid recovery, with much of the 2022/23 operating budget used to help businesses and communities bounce back from the pandemic, as well as maintain facilities, parks and open spaces.

The draft budget was endorsed unanimously for public exhibition and feedback

Just over $200 million has been earmarked for capital works projects including:

  • $3.5 million for the upgrade of Crown Street in Surry Hills.
  • $7.7 million for the Green Square to Ashmore street connection.
  • $8.7 million for the construction of Green Square school, in partnership with the NSW Government.
  • $13.6 million to extend the George Street pedestrianisation upgrade.
  • $9.3 million for stormwater drainage upgrades.
  • $4.2 million for a continued street and in-road tree planting program.
  • $18.4 million for new parks, including Wimbo Park in Surry Hills, North Rosebery Park and sport fields in Alexandria and Glebe, as well as and more than 120 new street gardens.“Despite significant losses to our revenue through the pandemic, and new expenditure on programs to help our community survive this period, we have prepared a budget that will maintain our high level of service and continue our work to facilitate post-pandemic recovery,” Lord Mayor Clover Moore said.“As tourists and visitors return to our harbour city, we need to ensure our facilities and infrastructure remain second to none so that inner Sydney retains its status as an exciting and sustainable place to live, work and visit. We are allocating money for additional street closure events, city greening, new grants programs and fabulous public works.”

    With the slow return to normal a key focus for this year, around 10% of the City of Sydney’s non-salary operating expenditure, $24.7 million, will be earmarked for grants and sponsorship, with a further $4 million funding the ongoing high street revitalisation program.

    Cultural and creative highlights include:

  • $4 million to see our successful “Summer Streets” program of street closure parties run across the city all year round.
  • $750,000 for actions to deliver the Oxford Street LGBTIQA+ Place Strategy including seed-funding for a new queer pride museum and an additional $600,000 support for WorldPride 2023.
  • $1.7 million for fit-out and programming at the brilliant new City of Sydney Creative studios – five floors of affordable rehearsal, production and performance space right in the heart of the City.
  • $1 million for two new grants programs supporting vulnerable communities and First National initiatives, as well as $11.5 million for the Eora Journey’s Yananurala project – our stunning Harbour walk to highlight Aboriginal history and culture along Sydney Harbour foreshore.
  • $1.25 million to increase resources, staff and programming in our community centres.24-hour City of Sydney Media Team contact detailsPhone 02 9246 7292 or email mediateam@cityofsydney.nsw.gov.au

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City Reporter

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