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.
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