Council budget delivers on new initiatives and long term projects

Published on 29 May 2024

Council is proud to deliver this budget while maintaining Monash Council’s low rates, services to the community and a large investment in capital improvement across a range of projects.

Monash Council’s budget for 2024/25 was endorsed by Councillors at their meeting on 28 May and Monash Mayor, Cr Nicky Luo, is excited to be continuing to deliver on long term projects and kick-starting work on exciting new initiatives.

“I am delighted to present Monash Council’s budget for 2024/25 to our community,” said Cr Luo.

“As the last budget of this current Council, it delivers exciting new initiatives and longer-term projects that have been in progress throughout our term.

“Councillors in Monash take pride in delivering financially responsible budgets that set a platform for the future and deliver in line with community expectations, feedback, and needs.

“We also understand the ongoing cost-of-living pressures, and this budget maintains the lowest rates per capita of any council in Victoria,” added Cr Luo.

Read the budget in full here

Highlights of this year’s budget include:

New projects and initiatives:

• A new soccer pavilion and facilities to support community sport at Jack Edwards Reserve in Oakleigh ($10.9m)
• New tennis courts, fencing and floodlighting at Essex Heights Tennis Club in Mount Waverley ($2.5m)
• A new pavilion at Carlson Reserve in Clayton supporting local cricket and soccer clubs ($1.1m)
• Upgrading the playspace at Mulgrave Reserve in Wheelers Hill ($1.3m).

Delivering longer-term projects:

• Extending Bogong Car Park in Glen Waverley to create more than 500 new spaces ($23.1m)
• Implementing our Masterplan for Mount Waverley Reserve, including redeveloping the sporting pavilion ($8.7m)
• Commencing construction on a safe cycling connection in Oakleigh between the existing Scotchmans Creek Trail and Djerring Trail ($1.3M)
• Building child and family hubs in Ashwood, Mount Waverley, Oakleigh East and Oakleigh South that connect families with services for our youngest residents ($11.2m)
• Progressing with the detailed design for our Glen Waverley Civic Precinct project after community consultation last year ($2.4m).

Keeping Monash moving and active

• $7.8m on upkeep of roads across Monash
• $7.5m for our footpaths and cycleways
• $0.9m on drainage improvements and programs
• $10m on upgrades and improvements at recreational, leisure and community facilities across Monash, including reconstructing the cricket nets at Mount Waverley Reserve and off-leash dog area improvements at Mount Waverley Linear Reserve.

Cr Luo thanked the community for shaping the budget through their feedback and input.

“Thank you to the people who provided feedback and helped to shape this budget” added Cr Luo.

“In particular – thank you to the members of community groups and organisations who spoke directly with Council about projects they thought we should fund.

“Councillors value the direct input of our community into our budget process and how we facilitate these conversations improves every year.

Community consultation is already underway to shape the 2025/26 budget as part of our Shape Your Monash engagement program.