Annual Budget

Each year we develop a budget which provides funding for over 200 services to the local community as well as building and upgrading millions of dollars’ worth of capital works including managing our ageing assets.

2018/19 budget

Our 2018/19 budget (pdf, 4MB) was adopted at the Ordinary Meeting on Tuesday, 26 June 2018.

Through the budget process, Councillors determined how much funding was required to support around 200 community services and programs, as well as to manage, upgrade and replace infrastructure such as aquatic and sporting facilities, childcare centres, roads and footpaths.

This year we’ve allocated over $46 million to developing our local assets through our capital works program. We hope this will encourage and support people to meet and participate in the life of their communities and neighbourhoods.

Our 2018/19 budget also enables us to deliver on the second year of the Council Plan 2017-2021, our four-year medium term strategic plan.

Budget highlights

  • $2.1 million for the development of new multi-use netball courts at Riverside Golf and Tennis Centre
  • $1.4 million to complete the Union Road Streetscape upgrade
  • Over $1.1 million to complete design and headworks for the state of the art East Keilor Leisure Centre redevelopment
  • $1.5 million for improvements to the Buckley Park Sports Pavilion
  • $1.7 million to complete the Boeing Reserve Baseball Pavilion
  • $1.6 million to complete the Ormond Park football and cricket pavilion
  • $600,000 to increase the capacity of the Strathnaver Reserve car park
  • $650,000 for a new stormwater harvesting system at Woodlands Park
  • $300,000 to replace and renew playgrounds

In order to fund these important services, programs and infrastructure improvements, the general rate rise for 2018/19 is 2.25 per cent.

Developing our budget

Every year we prepare a budget that is guided by the priorities set out in our Council Plan - a legal requirement for all councils. Councillors attend workshops with staff to work out how much money is required to meet community needs and deliver vital services.

The Strategic Resource Plan (pdf, 157KB) sets a financial framework which shapes the annual budget and the resources required to achieve our objectives in the Council Plan.

The Long-term Capital Works Plan (pdf, 300KB) sets out the capital works program for the next 22 years relating to the Draft Budget and the Strategic Resource Plan.

How we calculate your rates

  • The total amount we need to collect in rates is divided by the value of all properties in the local area. This is how we calculate the rate in the dollar.
  • The rate in the dollar is then multiplied by each property value. This is how we calculate each property’s rate change.
  • The State Government Fire Services Levy is then added onto the rates notice as well as the new Garbage Charge.

Anyone having difficulty paying their rates can contact us for advice and assistance.

Read the Rating Strategy (pdf, 866KB).

General revaluations

Up until now and including the 2018 revaluation, property valuations occurred every two years and were carried out by Council. From next year, valuations will be conducted annually and the Valuer-General will be the sole valuation authority. The Valuer-General will also provide valuations to councils and the State Revenue Office.

More information

For more information about our annual budget, contact our Finance Manager on or 9243 8888.

Last updated: Friday, 12 October 2018, 12:06 AM