The Bathurst Regional Council is planning to pump $662,000 from its 2015/16 budget into a $50 million project for a second circuit at Mount Panorama. According to a report by the Western Advocate newspaper, the 2015/16 Bathurst Regional Council budget will include $662,000, which will go towards $15 million required as a first down payment on the $50 million project. The rest of the $15 million will come from state and federal funding (approximately $14 million), and around $338,000 in borrowings. “All up it’s a $50 million project,” city treasurer Bob Roach told the Western Advocate. “So far there’s $20 million on the table, with another $15 million to be included in the 2016-17...
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