The 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: $26.9 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 closed on Tuesday 15 June. The final Council Plan/Budget/Rating and Revenue Plan were endorsed by Council on Tuesday 29 June.
Read the Budget
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 - complete
Special Future Melbourne Committee
To hear community feedback on draft Council Plan 2021–25, draft Budget 2021–22 and draft Revenue and Rating Plan
2.45pm, 29 June 2021
Timeline item 4 - complete
Final Council endorsement
Council Plan 2021–25 (incorporating the Community Vision and Health and Wellbeing Plan), alongside the Budget 2021-22, Economic Development Strategy and Revenue and Rating Plan 2021–25 are presented to Council for endorsement.
5.30pm, 29 June 2021