The draft Annual Plan and Budget outlines more than $619 million worth of community services, programs and initiatives in the 2019-20 financial year, with a major focus on capital works projects designed to help the city cope with an expected unprecedented population increase in coming years.

Key aspects in the 2019-20 draft budget include:

  • Total Draft Budget: $619 million
  • A record $453 million in programs and services
  • Fully funded $166 million capital works infrastructure program
  • Underlying surplus of $15.03 million
  • Net assets to grow to more than $4.5 billion
  • Operating cost increases contained to 3.9 per cent
  • 65 initiatives to be completed in third year of Council Plan 2017–2021
  • Total income including rates and charges: $523 million
  • 2.5 per cent increase in rates (in line with State Government rate cap).

Major budget themes

Open Space: $28,700,00

Transport: $28,260,000

Safety: $29,420,000

Climate Change, Urban Forest and Water: $19,160,000

Community Facilities: $19,000,000

Expenditure highlights

$28.2 million this year on footpaths, roads, bicycle lanes and other transport infrastructure works to provide more space for people and respond to population growth.

The City of Melbourne will invest $28.7 million over the coming year on creating and renewing public open space to cater for Melbourne’s growing population. Including:

  • Southbank Promenade ($5.1 million) to revitalise a 300 m section of the promenade.
  • Southbank Boulevard ($11.9 million) to finalise stage one of the $42 million project.
  • Market Street ($3.4 million) towards a $7.53 million project to create the first central-city park since City Square was developed in the 1980s.
  • Seafarers Rest Park ($1 million) towards adding 3500 sqm of open space to Docklands.
  • Fawkner Park ($1.2 million) towards upgrading the Pasley Street North entrance to improve landscape health, drainage, safety and amenity as part of the Master Plan recommendations.
  • Lincoln Square ($2 million) towards a new concept plan to add 3000 sqm to one of Melbourne’s oldest parks, and create a new play space around 150 year-old Moreton Bay figs.
  • JJ Holland Park ($1.6 million) for a new playground in Kensington.
  • Spring Street ($150,000) to create new public open space outside Princes Theatre.

$19.1 million to make our city more sustainable and resilient to the impacts of climate change.

This includes investing more than $7.1 million on renewing 480 hectares of Melbourne’s internationally acclaimed parks and gardens.

$18.4 million to promote the city on major events, including:

  • Moomba
  • New Year’s Eve
  • Christmas
  • Melbourne Fashion Week
  • Melbourne Music Week.

$16.3 million to support Melbourne’s Arts, including $4 million in grants through our various arts funding programs, which collectively support hundreds of artists every year.

Our Creative Spaces program also supports artists by helping to connect creative people with studios and other infrastructure to support their practice.

We will deliver more than $29 million in works to upgrade, maintain and install priority city safety and security measures across the central city.

  • We are getting on with the Queen Victoria Market Precinct Renewal program, with $15 million set aside for the delivery of precinct wide projects to improve customer and trader amenity.
  • A revitalised ground floor of the Melbourne Town Hall Administration Building, as part of an initial $4.5 million investment in a masterplan to restore and refurbish the 148-year-old building and key centre piece of Melbourne.
  • With $9.32 million we will complete construction of the Lady Huntingfield Family and Children’s Service Centre delivering the community an integrated family and childcare centre, providing improved care and support for children and families.

The City of Melbourne is committed to providing the highest level of services to our community, and in order to do that we are increasing rates by just 2.5 per cent. As always, Council continues its strong focus on containing operating costs.

2019–20 Budget Key Capital Works Projects

Click the hotspots to learn which projects are commencing (blue), progressing (pink) and completing (purple).

Commencing
Completing
Completing
Progressing
Progressing
Progressing
Commencing
Commencing
Commencing
Commencing
Progressing

Read the draft Annual Plan and Budget 2019–20

Annual Plan and Budget 2019–20 and Council Plan 20