MEDIA ALERT: Moonee Valley Council adopts Budget 2024-25

Moonee Valley City Council has adopted its budget for the 2024-25 financial year. 

At its meeting on Tuesday, 25 June in its Moonee Ponds chambers, the Council adopted the budget, following a public consultation period on the Draft Budget from 26 April to 17 May, during which a record 107 submissions were received and reviewed. 

The Budget includes total revenue of $227.48 million, total expenses of $222.11 million and a $48.78-million capital works program.  

An operating surplus of $5.37 million is projected. 

Some of the key capital works projects include: 

• local roads renewal – $5.91 million 
• Clifton Park Pavilion improvements – $6.15 million (of a total estimated cost of $9.95 million) 
• pedestrian and shared path improvements – $5.02 million 
• drainage improvements – $2.48 million 
• Ascot Vale Library redevelopment – $1.58 million (of a total estimated project cost of $6.71 million) 
• building renewals and upgrades – $1.49 million 
• leisure facilities renewal and upgrades – $1.07 million 
• Essendon Rowing Club female change room upgrade – $969,000. 

The budget also provides funds to address sustainability and the climate emergency, including: 

• $1.1 million for tree planting to cool and green the city, contributing to a 30 per cent canopy cover goal by 2040 
• $350,000 on Greenhouse gas emission reduction initiatives that will reduce Council’s carbon emissions and energy costs. 
• $500,000 allocated to the Community Carbon Emissions Reduction Reserve.  

The approved budget will be formally endorsed in the coming days, followed by a more detailed media release. 

ENDS 

Media enquiries: 
Jo Roberts, Team Leader, Media and Strategic Communications 
Mobile 0416 156 566; Email: media@mvcc.vic.gov.au