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Melbourne's 2026-27 Budget: Surplus, Debt Elimination, and Safety Boost

Published 2 days, 9 hours ago
Description

Melbourne City Councils draft budget for 2026-2027 projects a $1.2 million surplus and aims to eliminate debt by 2032. The budget includes rate hikes and increased on-street parking fees, with central city parking rates rising by 30 cents an hour. The budget also allocates funds for doubling community safety officers, installing 100 new CCTV cameras, and creating an outreach team to assist homeless individuals. Other initiatives include 13 new parks, a Little India spot in Docklands, a Southbank library, bike lane upgrades, and pedestrian priority on Flinders Lane. Public input is welcomed until April 28th.

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