The budget outlines the council’s plans for major investments and projects to be completed in the coming year.
For the first time, the $259 million budget has been crafted in conjunction with the 2025-29 Council Plan Mir wimbul, to ensure the council’s plans align with the necessary resources.
The budget is made up of $189 million for operational services and $70 million dedicated to capital works and new infrastructure.
One of the major highlights is the $45 million redevelopment of the Bendigo Art Gallery.
Greater Bendigo Mayor Andrea Metcalf said the project would elevate the gallery and, in turn, the region.
“We have some very exciting projects ahead that are vital for the region’s future economic success,” she said.
“The $45 million redevelopment of the Bendigo Art Gallery will reshape the region’s future.
“As the largest infrastructure project ever undertaken by council, it will elevate the gallery’s status as a cultural and economic asset for both our region and the state of Victoria.”
The project was made possible through a $9 million investment from the council and $34 million in external funding from the state government, gallery board and philanthropic donations.
The budget has also allocated funds for infrastructure upgrades, including 230 road renewals, 26 new or renewed footpaths, new roundabouts, tram track improvements, bridge renewals and traffic signs at the Waratah Rd and Midland Hwy intersection.
Greater Bendigo council will adhere to the state government’s three per cent rate cap, opting not to seek a variation.
There will also be no increase to ratepayers’ waste charges.
The projects listed in the budget were included to reflect the community’s top priorities, as heard through community consultation.
These priorities included roads (including public and active transport), waste management and parks and trails.
Cr Metcalf said the budget took a responsible approach while considering the community’s needs.
“The budget 2025-26 has been developed to be fiscally responsible while managing community expectations,” she said.
“This is a balanced approach that reflects our commitment to deliver around 60 essential community services, progress multi-year capital works and maintain essential infrastructure used daily in the community.
“There are limited funds available and this budget seeks to address these concerns by continuing to fund existing services wisely and prioritise works and services in a responsible manner.”
More information on the budget can be found at https://tinyurl.com/2v4kjxen
9°C