Annual Budget

Our Budget

Cover2.png The 2022/23 Moira Shire Budget was adopted by Council on 22 June 2022. 

The Annual Budget report details the financial position, capital works program and fees and charges schedule.

The Annual Budget has been prepared in accordance with the Local Government Act 2020 and the Local Government (Planning and Reporting) Regulations 2020.

The 2022/23 Budget has been developed with the aims of safeguarding communities and staff, looking after our assets, consolidating the capital works program, maximising the opportunity of regional travel and migration through tourism and sustainable development, advocating for the Moira Shire community with other levels of government, and enhancing democracy and communication.

Read our 2022/23 Budget here

Rates information and Spending Snapshot

The 2022/23 rate cap increase of 1.75%, as set by the Victorian Government, will help fund Council’s operations and comes at a time when the increase in the cost of goods and services is approximately 5%.

Despite a significant increase in Capital Improved Valuations across the municipality, this does not lead to additional rates revenue, demonstrated by a 20% reduction in the rate in the dollar to be levied as general rates across the rating differentials in 2022/23. 

2022/23 Spending Snapshot
For every $100 of Rates

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$100 Spending Snapshot

Capital Works Program

Council's capital works program of $18.95 million not previously budgeted will contribute meaningfully to the economic and social strength and stability to our shire. A large percentage of these capital works will be spent on critical infrastructure across the shire such as roads, buildings and bridges.

The budget document has also disclosed capital works projects from previous budget years that remain committed, however, not all projects listed will be delivered in the 2022/23 financial year.

You can follow the progress of many of our capital works projects at our Works and Projects section of our website.

Works and Projects

Comparison to Other Councils

The below graphs show how Moira compared to other Councils in 2020/21.

This comparison aims to show that Rural and Regional Councils face different operational challenges and infrastructure needs than those of Metro and Interface* Councils. It highlights how differences in population density and geographic area can influence a Council’s ability to generate sufficient revenue to meet those operational challenges and infrastructure needs and how that can lead to differences in rate notices between Councils.

Please visit the Know Your Council website to access more information about local Councils across Victoria.

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*Interface Councils is a coalition of ten municipalities that form an urban ring around Metro Melbourne.

Further information