About
Golden Plains Shire Council is updating its 2025/26 Budget to reflect important changes that have occurred since the Budget was first adopted in May 2025. This is a crucial step to ensure our financial reporting is accurate and transparent.
The revised 2025/26 Budget addresses three key areas:
- New asset valuations: The value of our roads, bridges, land and buildings have been revalued. This has led to a significant increase in annual depreciation costs.
- Budget roll-forwards: We’ve carried forward funds for multi-year or grant-funded projects that are still underway. This ensures these important projects are completed as planned.
- Overdraft facility: A new $2 million overdraft facility has been established to help manage short-term cash flow and ensure smooth operations throughout the year.
When variations to an approved Annual Budget are identified, a revised budget is required under section 95 of the Local Government Act 2020 and Council must adopt a revised budget as soon as practicable after it has been developed.
How You Can Be Involved
Feedback on the revised Budget 2025/26 was invited from 9am, Wednesday 24 September to 5pm, Tuesday 7 October. Thank you to everyone who made a submission.
View the Revised Budget 2025/26
What Happens Next
Feedback on the revised budget will be considered before it is presented for adoption at the October Council meeting. For further information, contact Council’s Finance team at [email protected] or call 5220 7111.