The budget
94 The budget
A Council must prepare and adopt a budget for each financial year and the subsequent 3 financial years by—
30 June each year; or
any other date fixed by the Minister by notice published in the Government Gazette.
A Council must ensure that the budget gives effect to the Council Plan and contains the following—
financial statements in the form and containing the information required by the regulations;
a general description of the services and initiatives to be funded in the budget;
major initiatives identified by the Council as priorities in the Council Plan, to be undertaken during each financial year;
for services to be funded in the budget, the prescribed indicators and measures of service performance that are required to be reported against by this Act;
the total amount that the Council intends to raise by rates and charges;
a statement as to whether the rates will be raised by the application of a uniform rate or a differential rate;
a description of any fixed component of the rates, if applicable;
if the Council proposes to declare a uniform rate, the matters specified in section 160 of the Local Government Act 1989;
if the Council proposes to declare a differential rate for any land, the matters specified in section 161(2) of the Local Government Act 1989;
any other information prescribed by the regulations.
The Council must ensure that, if applicable, the budget also contains a statement—
that the Council intends to apply for a special Order to increase the Council's average rate cap for the financial year or any other financial year; or
that the Council has made an application to the ESC for a special Order and is waiting for the outcome of the application; or
that a special Order has been made in respect of the Council and specifying the average rate cap that applies for the financial year or any other financial year.
This provision refers to the regulations (the regulations
, prescribed by the regulations
). Made under this Act:
- City of Melbourne (Electoral) Regulations 2022 · under sections 325 and 326
- Local Government (Electoral) Regulations 2020 · under sections 325 and 326
- Local Government (Governance and Integrity) Regulations 2020 · under section 325
4 more instruments made under this Act are listed on the Act’s overview.
This Act’s bill:Explanatory memorandumSecond reading speech
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