Road Renewal Expenditure
Road Renewal Expenditure - The table below shows the overall amounts set aside for capital works on roads & related assets in Council's Ten Year Capital Expenditure Forecast.
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Note: Flooding in late 2010 & early 2011 resulted in expenditure in 2010-2012 to be increased dramatically, i.e. $31 million in 2010/11 & $64 million in 2011/12.
The exact break up of capital expenditure in future years is uncertain, but an estimate has been made by applying typical new to renewal ratios to the above figures.
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A number of first cut renewal programs are under development and will be used to inform future budgets and LTFF.
page revision: 10, last edited: 22 Mar 2012 00:37