Annual Budget

Two children running towards the camera with smiles on their faces

In preparing the 2023/2024 Budget, Council has taken into consideration the rising cost of living facing our community along with the significant financial impacts of the COVID-19 pandemic. which was declared on 11 March 2020 by the World Health Organisation.

While Council continued to provide the majority of its services throughout the pandemic, like most organisations we also had to manage and adapt to the various stages and restrictions, including the required long-term closures during 2020 and short reactive shutdowns during 2021, and continuing restrictions during the first half of 2022. They also meant a redirection of resources and/or funding in excess of $10 million to respond to the COVID pandemic in the 2019/20, 2020/21 and 2021/2022 financial years. 

As a consequence, the adopted 2023/2024 Budget has been reviewed to take into account the financial outcomes of the previous three years, as well as the ongoing impacts for 2023/2024. This includes a review of income and capital work projects, ensuring a sustainable outcome for the year ahead and for the 10 year Long Term Financial Strategy (LTFS).

The LTFS outlines Council’s projected financial position for the next 10 years and provides a guide to the community, Council and management to assist with decision-making about the future directions and operations of Council. The LTFS demonstrates our long-term financial sustainability and ensures we can continue to invest in community facilities and services while operating in a rate cap environment as set out in the Local Government (Fair Go Rates) Act 2015.

The adopted Budget for 2023/2024 links to the achievement of the Council Plan as part of Council’s integrated planning framework. The adopted 2023/2024 Budget outlines the provision of financial resources for the next 12 months and details how these resources will be applied to meet the actions and initiatives detailed in the Council Plan, as well as delivering the more than 120 services and the extensive range of programs and activities that Council provides to the Maroondah community.

Under the Local Government Act 2020, Council is required to prepare the Financial Plan in accordance with its deliberative engagement practices. Over a period of six weeks, and ten sessions, a panel of 40 community members came together to deliberate on the topics of health and wellbeing; liveable communities; environment; and assets. The inputs and recommendations from this panel have informed the Finance Plan, Council Plan 2021-2025, and four-year Budget and will also inform a range of Council’s future strategic work, projects and service delivery. 

The 2023/2024 budget contains 37 major initiatives as identified in the Council Plan. These initiatives will contribute to the achievement of the four-year Council Plan key directions and ultimately the outcomes as outlined in Maroondah 2040

Annual Budget

Annual Budget 2023/24(PDF, 4MB)

Annual Budget 2023/24(DOCX, 5MB)

Financial Plan

Financial Plan 2023/24(PDF, 1MB)

Financial Plan 2023/24(DOCX, 1MB)