Have your say on Council's draft Annual Budget.

Council has released its draft Annual Budget 2024/25 for community feedback.

Every year, Council develops a draft Budget that outlines the funding required to deliver essential services to its community and the priorities outlined in its 2021-2025 Council Plan.

The preparation of the 2024/25 Budget has been challenging for Council as it attempts to fund the delivery of services and infrastructure that the community expects, while navigating escalating costs and the limited ability to raise revenue.

The draft Budget has been carefully prepared with an approach that includes advocating for increased government grants, responsible borrowing, comprehensive efficiency reviews, process automation, asset consolidation, and initiatives aimed at expanding our rate base and stimulating economic growth.

Average rate increases will be limited to 2.75% in line with the Victorian Government’s Rate Cap, with Council proposing not to seek a variation to the cap for next financial year.

Following community feedback, Council will consider all comments received as it finalises the Budget for adoption at a Special Meeting Scheduled for 12 June.

How to get involved

Community members can provide feedback on the draft Budget:

  • Completing an online feedback form below
  • Email your feedback to governance@murrindindi.vic.gov.au
  • Write your feedback in person at one of Council’s Library and Customer Service Centres or by posting your feedback to Murrindindi Shire Council, PO Box 138, Alexandra, 3714
  • Verbally as part of Public Participation time at the Council meeting on Wednesday 22 May in Alexandra. Click here for details on how you can have your submission heard during the Council Meeting. Council will consider all submissions. You will receive a written response to your submission once the Budget is adopted.

Under the Local Government Act 2020 (the Act), Council is required to prepare and adopt an annual budget for each financial year. The budget is required to include certain information about the rates and charges that Council intends to levy as well as a range of other information required by the Local Government Regulations 2020 (the Regulations) which support the Act.

The 2024/25 budget is for the year 1 July 2024 to 30 June 2025 and is prepared in accordance with the Act and Regulations. The budget includes budgeted standard statements: Income Statement; Balance Sheet; Cash Flows; and Capital Works. These statements have been prepared for the year ended 30 June 2025 and are consistent with the annual financial statements which are prepared in accordance with Accounting Standards. The budget also includes detailed information about the rates and charges to be levied, the capital works program to be undertaken and other financial information, which Council requires in order to make an informed decision about the adoption of the budget.

In advance of preparing the budget, Council officers firstly review and update Council's long term financial projections. The preparation of the budget, within this longer-term context, begins with Council officers preparing the operating and capital components of the annual budget during November/December. A draft consolidated budget is then prepared and various iterations are considered by Council at informal briefings up until March. A ‘proposed’ budget is prepared in accordance with the Act and submitted to Council for approval ‘in principle’. Council is then required to give ‘public notice’ that it intends to ‘adopt’ the budget. It must make the budget available for consultation. A person has a right to make a submission on any proposal contained in the budget and any submission must be considered before adoption of the budget by Council.

The final step is for Council to adopt the budget after receiving and considering any submissions from interested parties. The budget is required to be adopted by 30 June.