Council Plan and Budget

Frankston City Council’s annual budget for 2024–2025 has been adopted following community consultation and public submissions.

Each year, our Budget provides services for people at all stages of life, maintaining our infrastructure, community facilities and parks, operating our libraries, events, festivals and art centre as well as rubbish and recycling collections.

As Council navigates economic challenges felt across all levels of government and the broader community, the budget ensures the sustainability of the services we provide and supports the ongoing growth and development of our municipality.

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Revenue and Rating Plan

The 2021-2025 Revenue and Rating Plan sets out how Council will generate income to deliver the Council Plan, Council Services and infrastructure commitments over a 4 year period. The plan will define the revenue and rating envelope within which Council proposes to operate.

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Long Term Infrastructure Plan

Frankston City Council’s Long Term Infrastructure Plan (LTIP) is our 10-year Plan for Building Frankston’s Future. It guides Council and shapes Frankston City’s future in line with our Community Vision and Council Plan. 

For further details on the LTIP, go to Long Term Infrastructure Plan - Frankston City Council.

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Finance Plan

The Finance Plan defines the broad financial boundaries for Council over the next ten years.

The plan is made up of three main sections:

• The Financial Policies that set out the financial targets that ensure Council remains financially sustainable
• The Financial Strategy that identifies the approach Council intends to take to achieve the financial policies
• The Financial Statements that apply the financial strategies to a ten year financial model to ensure that Council meets its Financial Policy targets.

The Local Government Act 2020 (The Act) requires Councils to prepare a ten year Financial Plan in the year following a general election through the introduction of governance and supporting principles which include an integrated approach to planning, monitoring and performance reporting. 

You can download a copy of the 2021 - 2031 Financial Plan here(PDF, 4MB).