Budget cuts may slow capital works projects
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Capital works projects at Coomera, Beenleigh and Surfers Paradise will be deferred if Gold Coast city councillors agree to prune the city's proposed budget.
Council officers have found a way to save $6 million and will put the recommendations to the final council budget meeting today.
Outgoing finance committee chairman Eddie Saroff says the reduction will do away with the need for council to borrow money.
"The officers have identified a number of projects that won't be able to commence in the '04/05 budget and it was commonsense that those projects should be moved out of the budget rather than look towards taking up further loans simply to balance the budget and that's been achieved, and I am sure the rest of the council will see that as the right way forward," he said.
The budget is due to be handed down on June 25.
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