The City of Ballarat is required under Section 94 of the Local Government Act 2020 to prepare a budget for each financial year and subsequent 3 financial years.

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City of Ballarat Budget 2024/25

City of Ballarat Budget 2024/25 adopted at the May 22 Council Meeting.

Preparation of the 2024/25 budget

The process used to develop the 2024/25 budget, involved a comprehensive, early engagement period designed to improve upon past engagement processes. This new process has ensured Council is better informed of residents’ priorities within the context of the Council Plan 2021-2025 prior to the beginning of the development of the document.

Development timeline

  • October 2023: Consultation
  • December 2023: Council Officers review consultation
  • January 2024: Council Officers review Council’s financial performance to 31 December 2023  
  • February 2024: Council Officers prepare updated budget forecasts for 2023/24 (2023/24 forecasts must be accurate before the 2024/25 budget is presented). 
  • 28 February 2024: Council Officers present updated budget forecasts at Council Meeting 
  • March/April 2024: Council Officers workshop draft Budget with Councillors
  • 22 May 2024: Council Officers present Budget to Councillors at Council Meeting, for adoption 

For more information about the consultation, visit the MySay page