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Rates, Budget and Finances

Current Budget

The Budget 2018/2019 was adopted at the Council Meeting on 25 June 2018 and supports the implementation, intent and direction of our Council Plan 2017-2021.

Banyule Mayor Cr Mark Di Pasquale said Council had worked hard to be in a sound financial position to deal with major challenges that were impacting public infrastructure and community services.

“The 2018/2019 Budget keeps Banyule on a steady course to continue to deliver necessary services, a program of maintenance and improvements to ageing infrastructure,” he said.

For the 2018/2019 financial year, $47.19 million will be invested in capital works projects, including:

  • Stage one of Ivanhoe Library and Cultural Hub construction ($13.75m)
  • Drainage and irrigation improvements ($1.09m)
  • Improvements to footpaths, roads, carparks, bridges and other transport infrastructure ($7.16m)
  • Parks and gardens maintenance including sports park lighting ($6.56m)
  • Sports pavilion upgrade including construction of female friendly change rooms at several facilities ($1.56m)
  • Increased advocacy on the North East Link and other transport projects and development of plans for youth spaces, public spaces, energy, car parking and parklands ($6.51m)
  • Solar panels on community buildings to generate clean energy ($0.35m).

Previous Budgets

Budgets associated with the last 4 financial years: