The Annual Plan and Budget details what Council will deliver within the financial year and how these activities will be funded.
Melbourne is Australia’s fastest-growing capital city and our $781 million Budget 2024–25 delivers on our promises to the community while strengthening our financial future.
This year’s Budget, together with our Annual Plan, sets out the priorities and investments we will deliver for Melburnians in the final year of our Council Plan 2021–25, and rounds out four strong years delivering quality essential services, city-shaping infrastructure, enviable events calendar and greater support for small businesses.
In 2024-25, we will also return to surplus – a year ahead of schedule – due to a number of prudent financial decisions.
Cost of living has been front of mind through the development of this Budget as we continue to deliver core frontline services, along with free and affordable services our community relies on.
- Total Budget: $781 million, a balance of delivering essential services for the community and investing for growth
- $571.8 million – total operating expenditure
- $101,000 surplus
- $224.7 million infrastructure investment
- $64.1 million to make our city cleaner, safer and fairer
- $49.8 million investment for open space and greening
- $26.4 million for events, activations and festivals
- $216 million borrowings
- $8 million for consultancy, supplies and other cost savings.
Find out more about the Budget 2024–25.
The City of Melbourne also provides a wide range of services for residents, ratepayers, businesses and visitors alike.
These diverse services include:
- parks and gardens
- public health and safety
- recreation and leisure
- street cleaning and waste management
- arts and cultural policy and programming
- urban policy and design
- international and national connections
- arts participation and activation
- business
- city promotion and tourism
- events
- local laws compliance
- visitor and resident information
- research
- building, development and planning
- sustainable environmental management
- property and assets
- community services.
