The draft four-year delivery program and operational plan was released on Monday. The document sets out the priorities and plans for how the council will spend ratepayers money.

Over the next three years, the council will invest close to $600 million in infrastructure across the community.

Read more: Council-repaired footpath 'worse than before' in Helensburgh main street

The Lord Mayor, Gordon Bradbery, said a key project of the plan was planning for the Southern Suburbs Community Centre and Library at Warrawong and a new library at Helensburgh.

"Warrawong is one of the most disadvantaged areas in Wollongong and there is a high level of need for a community centre," he said. "We will also go to the state government to seek funding.

"The Helensburgh library is in a temporary facility and is not up to standard. We know the community want integrated facilities like Dapto's Ribbonwood and Corrimal and Thirroul libraries."

Another major focus will be building new and upgrading existing footpaths, cycleways and shared paths. The council will spend $64 million over four years across the local government area.

The council will plan, start and finish construction on commercial centre upgrades at Warrawong, Cringilla, Corrimal, Helensburgh and Wollongong.

The planning and design of the North Wollongong Surf Club will also take place.

Rates will increase by 2.7 per cent in line with the Independent Pricing and Regulatory Tribunal cap next financial year. That equates to about $39.82 for an average household.

Cr Bradbery was pleased the council would not have to slug people with a significant rate rise because he was aware that people were doing it tough with wage stagnation and cost of living pressures.

Roads are also a major priority for council with $44 million allocated for reconstruction and resurfacing works across the local government area. Work at West Dapto will continue with the construction of major infrastructure.

The installation of sportsfield lighting at nine sites will occur. Six new outdoor fitness stations including an all abilities and generation play space will be planned and constructed.

The plan will be debated at Monday's council meeting before going on public exhibition.

The council will focus on creating a 'green city' by implementing its urban greening strategy.

The budget indicates the governing body is financially stable, has allocated funds to renew its assets and is on target to reach its financial goals over 10 years.

Cr Bradbery said it was important for residents to view the council's budget documents.

"People should know how much money is being spent and that council is being transparent in its priorities," he said.

"The budget is about showing residents how the council is getting maximum bang for its buck and how it is renewing its assets."

The plan will be debated at the council meeting on Monday and then will go on public exhibited before it is formally adopted.