Budget | City of Greater Geelong

Budget

The 2022-2023 Budget was adopted by Council on 28 June 2022.

Overview

Supporting a raft of capital works projects and progressively increasing spending on existing assets are key features of the Council’s 2022-2023 Budget.

With a forecast operating surplus of $107 000 the budget is back in the black after two years of annual deficits to support COVID-19 recovery packages.

The surplus has been achieved while meeting four-year budget commitments placing a strong focus on renewing existing assets and continuing to deliver more than 130 services.

Changes were made to the final budget following the consideration of 96 public submissions. Of those submissions nearly two-thirds (63) were in support of drainage improvements in Kyema Drive Lara. In response Council brought forward committed funding of $1.3 million by two years to enable design of the drainage project to begin in 2022-2023.

A massive $206.5 million capital works program in 2022-2023 will encourage further private investment and deliver the infrastructure that the region’s growing population needs.

Council has kept the overall rate increase to 1.75 percent in line with the State Government’s cap.

As part of its rating and revenue plan over the next four years Council aims to simplify the rating system and have a more equitable distribution of rates among the different classes.

This includes aligning the Commercial Industrial and Petroleum rates and bridging the gap in the rates payable to residential properties.

Sustainable bridges in North Geelong win awards

The peak body for engineering and public works in Australasia has recognised a project to deliver two bridges in North Geelong for innovation excellence and sustainability.

Sustainable bridges in North Geelong win awards

The peak body for engineering and public works in Australasia has recognised a project to deliver two bridges in North Geelong for innovation excellence and sustainability.

Council brings the budget back into the black

Supporting a raft of capital works projects and progressively increasing spending on existing assets are key features of the Council’s 2022-23 Budget.

Kicking goals at Armstrong Creek East Pavilion

Amidst the challenges of the past 18 months Armstrong Creek quietly welcomed its first public sporting facility – the Armstrong Creek East Pavilion.

Community ideas sought for next budget

Greater Geelong residents are encouraged to have their say on potential investments and priorities to achieve Our Community Plan ahead of the development of Council’s next annual budget.

Council proposes selling surplus assets

Council is seeking submissions on the potential sale of four surplus properties.

Council releases break-even Proposed Budget

Supporting a raft of capital works projects and progressively increasing spending on existing assets are key features of the Council’s Proposed 2022-23 Budget.

Activation and marketing of central Geelong

Council has decided to continue funding the marketing and activation of central Geelong.

Activation and marketing of central Geelong

Council has decided to continue funding the marketing and activation of central Geelong.

Council begins search for Osborne House partner

The City of Greater Geelong has launched a search for a partner or partners to help redevelop iconic North Geelong landmark Osborne House.

Council brings the budget back into the black

Supporting a raft of capital works projects and progressively increasing spending on existing assets are key features of the Council’s 2022-23 Budget.

Council invests in fight against dumped rubbish

Council is proposing to buy a large dedicated collection truck to better tackle the scourge of illegal rubbish dumping in the community.

Council proposes selling surplus assets

Council is seeking submissions on the potential sale of four surplus properties.

Council releases balanced Proposed Budget 2021-22

An historically low rate rise and major community infrastructure investments are at the centre of the Council’s Proposed Budget.

Council releases break-even Proposed Budget

Supporting a raft of capital works projects and progressively increasing spending on existing assets are key features of the Council’s Proposed 2022-23 Budget.

Council to upgrade aquatic facility

The City of Greater Geelong is preparing for a significant redevelopment of Leisurelink Aquatic and Recreation Centre’s 50-metre swimming pool.

Record level of investment in 2021-22 Budget

The Council has endorsed its largest infrastructure spending program aimed at driving the region’s ongoing recovery from the COVID-19 pandemic and meeting the needs of a growing population.

Sustainable bridges in North Geelong win awards

The peak body for engineering and public works in Australasia has recognised a project to deliver two bridges in North Geelong for innovation excellence and sustainability.