❓ Hon Adele Farina questions the allocation of funds for the Bunbury waterfront development after a reduction in the project scope. Hon Michael Mischin clarifies that the unspent funds will reduce state net debt, not be available for other projects.
AnsweredQoN 758Legislative Council
QuestionView source ↗
BUNBURY WATERFRONT PROJECT
I refer to the government’s commitment of $48 million for the Bunbury waterfront development and its recent announcement to allocate $23.8 million to the project. (1) Is the balance of the funding commitment of $21.2 million available to the City of Bunbury for other projects, and, if yes, how will it access the funding? (2) If no to (1) — (a) will the minister make the funding available for improvement to the balance of the public open space on the waterfront for parklands, playground areas et cetera; and (b) has the balance of the funding been returned to consolidated revenue? Hon MICHAEL MISCHIN
I refer to the government’s commitment of $48 million for the Bunbury waterfront development and its recent announcement to allocate $23.8 million to the project. (1) Is the balance of the funding commitment of $21.2 million available to the City of Bunbury for other projects, and, if yes, how will it access the funding? (2) If no to (1) — (a) will the minister make the funding available for improvement to the balance of the public open space on the waterfront for parklands, playground areas et cetera; and (b) has the balance of the funding been returned to consolidated revenue? Hon MICHAEL MISCHIN
AnswerView source ↗
On behalf of the parliamentary secretary representing the Minister for Regional Development, I thank the member for some notice of the question. (1) The funding commitment of $23.8 million is in replacement of the $45 million in the budget and reflects the decision of the City of Bunbury and the community to not support the development of previous components of the plan, which reduced the project scope. (2) It was approval to borrow $45 million; hence the $21.2 million is a reduction to state net debt.
(1) Is the balance of the funding commitment of $21.2 million available to the City of Bunbury for other projects, and, if yes, how will it access the funding? (2) If no to (1) — (a) will the minister make the funding available for improvement to the balance of the public open space on the waterfront for parklands, playground areas et cetera; and (b) has the balance of the funding been returned to consolidated revenue? Hon MICHAEL MISCHIN replied: On behalf of the parliamentary secretary representing the Minister for Regional Development, I thank the member for some notice of the question. (1) The funding commitment of $23.8 million is in replacement of the $45 million in the budget and reflects the decision of the City of Bunbury and the community to not support the development of previous components of the plan, which reduced the project scope. (2) It was approval to borrow $45 million; hence the $21.2 million is a reduction to state net debt.
(2) If no to (1) — (a) will the minister make the funding available for improvement to the balance of the public open space on the waterfront for parklands, playground areas et cetera; and (b) has the balance of the funding been returned to consolidated revenue? Hon MICHAEL MISCHIN replied: On behalf of the parliamentary secretary representing the Minister for Regional Development, I thank the member for some notice of the question. (1) The funding commitment of $23.8 million is in replacement of the $45 million in the budget and reflects the decision of the City of Bunbury and the community to not support the development of previous components of the plan, which reduced the project scope. (2) It was approval to borrow $45 million; hence the $21.2 million is a reduction to state net debt.
(b) has the balance of the funding been returned to consolidated revenue?
On behalf of the parliamentary secretary representing the Minister for Regional Development, I thank the member for some notice of the question. (1) The funding commitment of $23.8 million is in replacement of the $45 million in the budget and reflects the decision of the City of Bunbury and the community to not support the development of previous components of the plan, which reduced the project scope. (2) It was approval to borrow $45 million; hence the $21.2 million is a reduction to state net debt.
(1) The funding commitment of $23.8 million is in replacement of the $45 million in the budget and reflects the decision of the City of Bunbury and the community to not support the development of previous components of the plan, which reduced the project scope. (2) It was approval to borrow $45 million; hence the $21.2 million is a reduction to state net debt.
(2) It was approval to borrow $45 million; hence the $21.2 million is a reduction to state net debt.
(1) Is the balance of the funding commitment of $21.2 million available to the City of Bunbury for other projects, and, if yes, how will it access the funding? (2) If no to (1) — (a) will the minister make the funding available for improvement to the balance of the public open space on the waterfront for parklands, playground areas et cetera; and (b) has the balance of the funding been returned to consolidated revenue? Hon MICHAEL MISCHIN replied: On behalf of the parliamentary secretary representing the Minister for Regional Development, I thank the member for some notice of the question. (1) The funding commitment of $23.8 million is in replacement of the $45 million in the budget and reflects the decision of the City of Bunbury and the community to not support the development of previous components of the plan, which reduced the project scope. (2) It was approval to borrow $45 million; hence the $21.2 million is a reduction to state net debt.
(2) If no to (1) — (a) will the minister make the funding available for improvement to the balance of the public open space on the waterfront for parklands, playground areas et cetera; and (b) has the balance of the funding been returned to consolidated revenue? Hon MICHAEL MISCHIN replied: On behalf of the parliamentary secretary representing the Minister for Regional Development, I thank the member for some notice of the question. (1) The funding commitment of $23.8 million is in replacement of the $45 million in the budget and reflects the decision of the City of Bunbury and the community to not support the development of previous components of the plan, which reduced the project scope. (2) It was approval to borrow $45 million; hence the $21.2 million is a reduction to state net debt.
(b) has the balance of the funding been returned to consolidated revenue?
On behalf of the parliamentary secretary representing the Minister for Regional Development, I thank the member for some notice of the question. (1) The funding commitment of $23.8 million is in replacement of the $45 million in the budget and reflects the decision of the City of Bunbury and the community to not support the development of previous components of the plan, which reduced the project scope. (2) It was approval to borrow $45 million; hence the $21.2 million is a reduction to state net debt.
(1) The funding commitment of $23.8 million is in replacement of the $45 million in the budget and reflects the decision of the City of Bunbury and the community to not support the development of previous components of the plan, which reduced the project scope. (2) It was approval to borrow $45 million; hence the $21.2 million is a reduction to state net debt.
(2) It was approval to borrow $45 million; hence the $21.2 million is a reduction to state net debt.
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