Budget invests in Melbourne’s momentum

City-shaping infrastructure projects, a stellar events calendar and making the city safer and cleaner are highlights of the City of Melbourne’s Budget 2022–23.

Lord Mayor Sally Capp said the $838.2 million Budget is an investment in making our city cleaner, greener and full of people again.

‘The City of Melbourne is the engine room of the Victorian economy so it’s imperative that we continue to invest in its momentum,’ the Lord Mayor said.

‘This Budget is a record $838.2 million investment to build momentum, create confidence and deliver essential services for the city and the community.

‘We’re investing to grow our economy beyond pre-pandemic levels and create a fairer, better-connected, and even more extraordinary city.’

Fast facts

  • Total Budget: $838.2 million
  • Deficit: $11.3 million
  • Events, activations and creative industry support: $33.7 million
  • Infrastructure: $254 million
  • Parks, gardens and open spaces: $50 million
  • City safety and cleaning: $33.9 million

Investing in city-shaping infrastructure 

Our Budget includes a record $254 million on infrastructure to build better community facilities, create jobs and supercharge the economy.

We’re investing $140 million in our landmark Greenline project over the next four years.

Greenline will transform the riverside

In another milestone for the Queen Victoria Market precinct renewal, we’re spending $50 million on the planned next stage of the project.

Works to restore the market’s heritage sheds will be completed within the year, along with the revamped food hall.

Construction will begin on upgrades to the Queen Street streetscape, northern shed and trader shed, making it easier for traders to do business.

Investment in major community infrastructure projects includes $25 million for the Kensington Community Aquatic and Recreation Centre redevelopment.

With construction already underway, the new facility will boast a 25-metre pool, gymnasium, multi-purpose courts, community spaces, and accessible change rooms.

More than $8.2 million will complete the fit-out of the Munro Library and Community Hub, with the project due for completion in 2023.

We’ve also allocated $13.7 million to repair and maintain footpaths, roads and other city infrastructure.

This includes another footpath blitz, as well as new street furniture, wayfinding signage and street lighting.

The massive infrastructure pipeline will generate up to 1000 jobs, providing a significant economic boost for businesses across the city.

Infrastructure projects will create jobs

Record year of events

We’re planning our biggest year of events, investing a record $33.7 million in festivals, activations and creative initiatives to entice visitors into the city, support local businesses and cement Melbourne as the events and cultural capital of the country.

All the city’s favourite events will return bigger and better than ever – Moomba, Christmas Festival, New Year’s Eve with rooftop fireworks, Melbourne Fashion Week, Melbourne Knowledge Week and Melbourne Music Week.

Firelight Festival will light up Docklands in July for a three-night celebration of the winter solstice – featuring a new immersive lighting display, fire installations, music, live performances and food trucks.

We’re drawing again on our constructive partnership with the Victorian Government, to boost community festivals and initiatives, through the $200 million Melbourne City Revitalisation Fund.

We are activating iconic laneways

Cleaning and safety

You told us the cleanliness of our streets and public parks and places was a top priority.

We’re investing a record $33.9 million to improve safety, expand our Rapid Response Clean Team to scrub the city clean, eradicate graffiti and double our high-pressure cleaning efforts.

That’s almost $5 million more than last year to do this.

To keep people safe and crack down on antisocial behaviour, $5.4 million will be invested into critical safety infrastructure and resources, including $2 million to improve city lighting in areas such as St Kilda Road and the Yarra River’s north bank.

We’ll also invest more than $33 million collecting waste across the municipality.

The roll out of our popular food and organics waste collection service will continue, with a focus on high-rise apartments.

More than 20,000 households can already access the service, which has diverted more than 2500 tonnes of waste from landfill.

A person painting over graffiti

Our clean team is hard at work

Rates keep our city running

Rates are necessary to keep our city running.

Our teams work around the clock delivering essential services from waste and recycling collections to road works and street cleaning, public health and safety schemes.

After two years of rates relief for residents and businesses, we will return to the normal rates cycle by implementing the Victorian Government’s 1.75 per cent rates cap.

This will ensure we can deliver all essential services that residents and traders rely on, as well as all major projects.

We will help cost-of-living pressures for pensioners by providing a rates discount of up to $247, the most generous in Victoria.

To provide ratepayers with a clearer picture of what they’re paying, waste costs will be listed as a separate item on rates notices. This brings the City of Melbourne in line with most other Victorian councils.

First choice for business

Our Budget invests in making Melbourne the first choice for business by cutting red tape and attracting new investment and visitors to boost spending and restore confidence.

We’ll spend $730,000 to extend our Business Concierge service – providing recovery and specialised support, startup advice and mentoring at no cost to more than 15,000 businesses.

A $1 million commitment for Invest Melbourne will ramp up work to encourage new proposals, attract global headquarters and significant projects, and simplify startup processes.

More than $500,000 will support 1500 hospitality venues and 1000 creatives through the extension of outdoor dining and busking permit fee waivers until 31 October.

Since 2020, the City of Melbourne has absorbed $2 million in permit fees to ease the burden.

Outdoor dining is set to continue

Turning grey to green 

Our Budget includes a $50 million investment to create new open space, protect parks, charge ahead with Power Melbourne and cut emissions.

We love our parks, gardens and open spaces, they play an important role in making Melbourne more liveable, which is why we’re investing $26.5 million to protect and maintain them.

We’re working to green the city

More than $17.5 million will go towards creating new open space, plus we’ll spend $1.8 million planting 2400 new trees.

We’ll plant climate-resilient tree species, ensuring Melbourne’s green canopy can better survive drought and heat, and continue to cool the city.

We’ll also improve storm water harvesting across the municipality, collecting water from drains and roads to help irrigate and drought-proof the city’s parks and gardens.

We will continue to build on our commitment to combat climate change and move towards net zero emissions with a $650,000 investment in our landmark Power Melbourne project – creating a neighbourhood-scale battery network to supply more affordable renewable energy back into the grid.

We’re focused on renewable energy

To find out more about what we’re doing in your neighbourhood over the next 12 months, visit Budget.