The City of Melbourne is delivering an $850.7 million draft Budget in 2023-24 to improve the way people live, work and enjoy our city.

We’re investing in essential services and facilities for our community now, while creating city-shaping infrastructure projects that will boost confidence and ensure Melbourne remains a place that everyone can be proud of.

Key highlights:
  • Total draft Budget: $850.7 million
  • Total operating expenditure: $583.3 million
  • Deficit: $17.1 million
  • Return to surplus: 2025-26
  • Investment in infrastructure: $247.5 million
  • Investment in cleaning, safety and fairness: $60.9 million
  • Investment in events, festivals and activations: $28.2 million

Our draft Budget and Annual Plan 2023-24 set out the priorities and investments we will deliver for our growing city.


  • Timeline item 1 - complete

    Future Melbourne Committee

    Draft Annual Plan and Budget 2023–24 and updates to Council Plan 202125 presented to FMC.

    Tuesday 16 May, 6pm

  • Timeline item 2 - active

    Community engagement

    Release of draft Annual Plan and Budget 2023–24 and updates to Council Plan 2021–25.

    16 May to midnight 8 June

  • Timeline item 3 - incomplete

    Special Future Melbourne Committee

    Special meeting to hear and consider community feedback.

    Tuesday 20 June, 5:30pm

  • Timeline item 4 - incomplete

    Council meeting

    Annual Plan and Budget 2023–24, and updates to Council Plan 2021–25 considered by Council.

    Tuesday 27 June, 5.30pm

Draft Budget overview

Learn more about what's being proposed for this year's Budget before making a submission.

Draft Budget 2023-24 submissions

Read the draft Budget

An accessible version of this document will be available shortly.

Contact us

Have questions or want to learn more.