Council Budget

Council’s adopted budget 2016/17 aims to deliver a responsible budget that not only invests in new and existing community infrastructure, but also continues to provide vital services that are fundamental to our community health and wellbeing, and sustain the general amenity of Yarra. 

The 2016/17 budget was adopted by Council at its ordinary meeting on 7 June following consideration of community feedback provided between 6 April to 6 May and submissions at a Special Council Meeting on 23 May 2016 at Richmond Town Hall.

View the adopted budget 2016/17:

pdf format 2016-17 City of Yarra Adopted Budget (2.98 MB)
docx format 2016-17 City of Yarra Adopted Budget (5.68 MB) 

Find out more:

Budget at a glance
Budget highlights
Factors impacting the budget

Budget at a glance

  • $171 million total operating expenditure budget
  • $2 million for new capital projects and other new initiatives
  • $2 million for community grants
  • 2.5% increase in general rates, in line with the State Government’s rate cap for all Victorian Councils.
  • 2.9% increase in the rate rebate for pensioners (from $170 to $175 per annum).

Budget highlights

$42.1 million (including carryover) for capital works expenditure, including:

  • $10.18 million for upgrades to roads, footpaths, lanes, shared paths, drains and gutters
  • $8.4 million for parks and open spaces across Yarra
  • $5 million to complete the North Fitzroy Library and Community Hub building, which is expected to open to the public in early 2017.
  • $880,000 for Richmond Recreation Centre redevelopment work
  • $700,000 for upgrades at Fitzroy Swimming Pool, including the spa area.
  • $750,000 for parking sensor technology to make on-street parking more accessible to the public and to encourage efficient turnover/sharing of on-road parking spaces.
  • $234,000 to implement stage two of local area traffic management improvements in parts of Collingwood and Fitzroy.
  • $220,000 to progress the proposed Wellington Street Copenhagen Bicycle Lane (Gipps Street to Johnston Street) in Collingwood.

Other initiatives include:

  • $325,000 in funding for the Yarra Energy Foundation, which supports the delivery of environmental initiatives in the community.
  • $180,000 in new collection materials for the North Fitzroy Library and Community Hub
  • $142,000 for the Communities that Care – a capacity building program that contributes to the healthy development of children and young people.
  • $120,000 for a Yarra Activity Centre Built Form Analysis and Review, to help inform changes to the Yarra Planning Scheme.
  • $8.4 million for open space
  • $60,000 for renovations to Richmond Library, including modern shelving, furniture and new computers.
  • $40,000 for the Yarra Public Art Program.
  • $40,000 for the continued provision of free wi-fi in Yarra’s five library branches
  • $25,000 in Live Music Venue Grants to support local live music venues deal with noise and amenity related issues.
  • $150,000 towards operational funding of the Fitzroy Adventure Playground (Cubbies)

Factors impacting the budget

Council chose not to apply for an exemption from the cap on rate increases. Instead we have reprioritised the capital works program and identified a range of operational opportunities to ensure that we can continue to provide the high level of service that our community expects. We are also actively exploring ways to collaborate with other agencies and tiers of government. 

It is important to note that there are a number of external factors impacting on the Proposed Budget.  These include: the 2.5 per cent rate cap imposed by the State Government; the requirement to collect some State Government charges such as the Fire Services Property Levy; and increased waste management costs including a further rise in the State Government’s Landfill Levy.

With these external factors, and the increasing demands on Council services and infrastructure, this a challenging period for Council, but we also see it as a period to maximise opportunity and innovation.

For more information, call Council on 9205 5555 or email info@yarracity.vic.gov.au

Previous Council Budgets

Download budgets from previous years:

pdf format Adopted Budget 2015/16 (2.44 MB)
pdf format Adopted Budget 2014/15 (3.09 MB) 
pdf format Revised Budget 2013-14 (139.03 KB)

docx format Adopted Budget 2013/14 (1.17 MB)
docx format Council Budget 2012/2013.docx (1.06 MB)
doc format Council Budget 2011/2012 (2.84MB)
pdf format Council Budget 2010/2011 (1.63MB)
pdf format Council Budget 2009/2010 (700.22kB)
pdf format Council Budget 2008/2009 (2.59MB)


Further information
Philip Mason
Manager - Finance
9205 5449
Philip.Mason@yarracity.vic.gov.au

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