Annual Budget

The 2025/2026 Moira Shire Budget was adopted by Council on 30 June 2025. 

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.

Read our 2025/2026 Budget here(PDF, 2MB)  

Council services are predominately funded through the collection of general rates and charges, which makes up 55% of Council’s budgeted income for the 2025/26 financial year. A portion of this source of income (general rates and municipal charges) is capped in terms of how much it can be increased each year.

The 2025/26 rate cap, as set by the Victorian Minister for Local Government, is 3.00%. This cap represents how much Council’s income from general rates and municipal charges can increase compared to the previous financial year.

Despite an increase in Capital Improved Valuations of 1.61% across the municipality during the 2024/25 financial year, this does not lead to additional rates revenue for Council.

Individual rate outcomes will vary and are subject to movements in property values. Ratepayers will be notified of their individual outcome when the 2025/26 Annual Valuation, Rates and Charges Notices are released. 

How $100 of rates income is spent

Council has a significant capital works program of $46.59 million budgeted for the 2025/26 financial year. The capital works program, which is informed by Council’s Asset Management Plan, focuses on delivering major capital projects, such as: 

• Numurkah Flood Mitigation Scheme

• Yarrawonga Multisport Stadium
• Bourke’s and Bartrops Bridge Renewal
• Yarrawonga Library, Events and Performance Precinct.
  
  

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

The below graphs illustrate how Moira Shire Council’s demographics compared to other large rural Councils in the 2023/24 financial year.

The analysis highlights that compared to other large rural Councils, Moira Shire has a relatively low population density and higher than average road density. This indicates that Council has less population to share the cost burden of maintaining its most significant infrastructure asset within the municipality. 

The size and population spread of a Local Government Area affects how much revenue a Council can raise to support community services and infrastructure. Often this leads to differences in the amount of rates levied when comparing against other Councils.

As shown in the graph below, Moira’s Rate Effort is higher than the average large rural Council, meaning Moira relies more heavily on its rate base to fund its operations. To balance the need to fund Council’s core services with the cost-of-living pressures felt by ratepayers, Council actively seeks external funding opportunities through State and Federal Government grants to help fund Council’s core service offering.  Income from State and Federal Government grants is budgeted to form 37% of Council’s total income for the 2025/26 financial year.

2024/25 Budget(PDF, 7MB)
2023/24 Budget(PDF, 10MB)
2022/23 Budget(PDF, 7MB)
2021/22 Budget
2020/21 Budget(PDF, 2MB)
2019/20 Budget(PDF, 3MB)
2018/19 Budget(PDF, 2MB)
2017/18 Budget