RPP FM reports that the Mornington Peninsula Shire Council has revealed it is adapting to significant financial pressures, exacerbated by the ongoing McCrae landslip recovery. With no state government assistance forthcoming, the council has been forced to absorb the bulk of the costs associated with the event.
As part of its mid-financial year review, the council has made substantial budgetary adjustments to stabilise its finances. This includes the removal of the last remaining COVID-19 business assistance packages, valued at $500,000.
In response to recent storm events and ongoing emergency management, the council has allocated $2 million for storm-related costs and an additional $1.2 million specifically for the McCrae landslip response. A further $500,000 has been earmarked for an emergency response reserve to prepare for future incidents.
Deputy Mayor Paul Pingiaro described the measures as an example of “prudent financial management” to ensure the council remains in a strong position despite unforeseen challenges.
Mayor Anthony Marsh provided further context, highlighting the scale of the financial burden and the necessity of reallocating funds to maintain essential services while addressing the McCrae landslip’s ongoing impact.
The financial adjustments reflect the Shire’s commitment to managing emergencies effectively, but the lack of external funding support has placed additional strain on local resources. With the mid-year budget now restructured, the council remains focused on navigating the challenges ahead.