Mayor Danny Claridge said it represents a significant milestone in council’s commitment to enhancing amenities for residents and promoting sustainable growth in the region.
"This budget is a testament to our dedication to responsible financial planning and strategic investment,“ Cr Claridge said.
“It enables us to address critical priorities and deliver essential services that enhance community well-being.”
The budgeted total revenue for 2024/25 is $38.956 million, compared to a forecast of $36.145 million for the current year.
“Despite emergency works related to natural disasters impacting our community, we have managed to reduce total expenditure from 2023/24 by $2.582 million, while a surplus for the 2024-2025 financial year is projected to be $184,000,” Cr Claridge said.
“Key initiatives include the commencement of the Benalla Art Gallery Redevelopment, progress on the Benalla Indoor Recreation Centre Redevelopment Project, and we are also developing an Open Space Strategy, Masterplans for Churchill Recreation Reserve and the Barkly St Precinct, and implementing new information technology systems.”
The capital works program for the four-year budget allocates $31.670 million, with $27.689 million earmarked for asset renewal and upgrades.
Major projects include road network improvements, drainage projects, connectivity and shared pathways, rural bridge upgrades, and landfill rehabilitation.
“We extend our gratitude to the community for their input during the budget consultation process,” Cr Claridge said.
“Your feedback has shaped this budget, ensuring it aligns with the community’s needs.”
The budget prioritises community well-being through initiatives such as improved drainage systems, upgraded recreational facilities, and support for local events.
The budget also allocates funds for environmental projects, including tree planting, waste reduction programs, and sustainable practices within council operations.
Mayor Claridge said he is aware of the challenges posed by cost-of-living pressures and the lingering effects of COVID.
“(This was taken into account) when considering the average rate increase of 2.75 per cent, which adheres to the Victorian Government's Fair Go Rates System,” he said.
“The council carefully considered these factors while developing the budget.”
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