The draft Budget 2021–22 is aligned with our new four-year Council Plan and vision. It is our biggest spending budget ever – a $789.9 million, city-shaping budget.

This means record spending: record infrastructure, record cleaning and record investment in events. It means confidence about the future:

  • Record draft Budget 2021–22: $789.9 million
  • Record $244.7 million in infrastructure
  • Deficit: $26.2 million
  • Return to surplus in 2022–23
  • $4.8 million in rates discounts
  • $100 million this year towards joint $200 million Melbourne City Revitalisation Fund.

Turbo-charging our investments means we have a big job ahead so our focus must also remain on delivering accessible, affordable and sustainable services.

We’ll do this through a discount for ratepayers; boosted events programs; and $244.7 million in record infrastructure investments to deliver jobs when we need them most. This will set the city up for decades to come.

Consultation on the draft Budget 2021-22 has now closed as of midnight Tuesday 15 June.

The final Council Plan/Budget/Rating and Revenue Plan will be considered by Council for adoption on Tuesday 29 June at the Council meeting starting at 5.30pm.

News

Timeline

  • Timeline item 1 - complete

    Council meeting to endorse the draft Budget 2021-22 for community consultation

    25 May 2021

  • Timeline item 2 - complete

    ​Public release of the draft Budget 2021–22 for community feedback

    25 May to 15 June 2021

  • Timeline item 3 - active

    ​Special Future Melbourne Committee

    To hear community feedback on draft Council Plan 2021–25, draft Budget 2021–22 and draft Revenue and Rating Plan

    2pm, 29 June 2021

  • Timeline item 4 - incomplete

    ​Final Council endorsement

    Draft Council Plan 2021–25 (incorporating the Community Vision and Health and Wellbeing Plan), alongside the draft Budget 2021-22, and draft Revenue and Rating Plan 2021–25 are presented to Council for endorsement.

    29 June 2021

Budget highlights

See what key projects and highlights are planned for the draft Budget 2021–22.

Supporting documents

Council Plan and Budget

Find out about our other plans.