Proposed Annual Budget 2024/25 open for community feedback

Published on 24 April 2024

Annual Budget - phase 3.png

Council is proposing to spend $140.4 million to fund 57 services and activities during the coming financial year to deliver on community priorities – specifically around open space, sustainability and environment, transport infrastructure, city amenity and safety, and health, wellbeing and recreation.

It includes just over $80 million on capital works, which is broken down into:

  • $20.451 million for roads infrastructure
  • $18.077 million for major projects
  • $9.763 million for aquatic and leisure centres
  • $8.610 million for parks and gardens

Key proposed spending allocations include:

  • $6.45 million for the Joseph Road Public Realm Works
  • $6 million for the reconstruction of Cowper Street
  • $1.07 million for the Hansen Reserve Pavilion construction
  • $810,704 for the Pipemakers Park Visitor Centre and Machine Shop
  • $535,000 for restoration of the Heritage Ponds at Footscray Park

The Proposed Budget is premised on a 2.75% increase in total rates revenue collected, the maximum allowed under the State Government rates cap. This would equate to an increase in the rates and municipal charge for an average property of $31.29 a year. The exact amount for individual homeowners is dependent on property valuations.

Mayor, Cr Cuc Lam said while Council understands any increase could prove challenging for some especially in the current economic climate, it is also conscious of ensuring there is sufficient funding to support the community’s needs.

“We appreciate the cost of living challenges, which Council is also having to negotiate. But this is the most fiscally responsible approach to ensure we are to deliver the services and infrastructure our community is asking of us, not just today but into the future.

“This Proposed Budget would ensure Council remains financially sustainable and able to deliver and sustain quality services and infrastructure that will benefit our community as a whole, not just today but into the future,” Mayor Lam said.


Provide feedback on the Proposed Budget 2024/25

The community can provide formal feedback or general comments on the Proposed Budget 2024/25 until midnight, Wednesday 15 May 2024 either:

Learn more

  • View or download the Proposed Budget 2024/25 from Council’s community engagement platform, Your City Your Voice, where you will also find a Companion Document summarising the key points.
  • Budget Breakdown: This is a three-part information share on the Your City Your Voice engagement platform which takes a deeper dive into the core proposed spending areas.

Have questions?

Ask them at where you will find more information about the Annual Budget 2024/25 and can share your thoughts.


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