For every $100 spent on rates in Albury, $17 goes towards environment, sustainability and waste, $15 towards capital works and $15 towards planning and catering for population growth, Albury Council's chief executive has revealed.
Speaking to an Albury Business Connect meeting on Tuesday, Frank Zaknich, detailed the breakdown of the council's latest budget.
He said for every $100 of rates, $5 goes towards community health and safety, $4 to arts, culture and libraries, $13 to water and wastewater management, $8 to economic development and tourism, $5 to roads and infrastructure, $11 to community and recreation, and $7 to community consultation and future planning.
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Mr Zaknich said Albury's population had reached 55,055 people.
He said 560 new dwellings were being built per year and there had been a shift from investors to owner-occupiers.
Mr Zaknich said council was working hard to ensure there was enough land available for development.