The purpose of the Revenue and Rating Plan is to determine the most appropriate and affordable revenue and rating approach for the City of Melbourne.
The Revenue and Rating Plan seeks to identify each source of revenue to be included in the budget and the policy rationale / assumptions that underpin these.
The Revenue and Rating Plan is a new requirement for councils. It provides a medium-term plan for how Council will generate income over a four-year period. This plan has been compiled in accordance with the Local Government Act 2020.
The final Council Plan/Budget/Rating and Revenue Plan is expected to be adopted at the Council meeting on Tuesday 29 June starting at 5.30pm.
Timeline item 1 - complete
Council meeting to endorse the plan for community consultation
25 May 2021
Timeline item 2 - complete
Public release of draft Revenue and Rating Plan 2021–25 for community consultation
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