Budget & finances
Every Victorian council reports the same set of financial measures to the state each year, under the Local Government Performance Reporting Framework (LGPRF). The state doesn't set pass marks for these measures. So we show Campaspe's figure for 2024–25 next to the median of all Victorian councils. The median is the middle value: half of councils are above it and half below. The median is a point of reference, not a target.
New to these terms? Read them in plain English
- Operating result (surplus / deficit)
- Income minus expenses for the year's normal operations.
- Average residential rate
- The typical yearly general-rates bill for a home in the area.
The numbers
- Average rate per property (2024–25)
- $2,035General rates plus the municipal charge, divided by all property assessments (homes, farms and businesses). The Victorian median is $1,937.
- Adjusted underlying result (2024–25)
- 5.4% deficitThe operating result without capital grants and contributions, as a share of that revenue. The Victorian median is a 0.56% surplus. The 2026–27 budget forecasts an operating surplus of $9.65 million but an adjusted underlying deficit of $12.84 million, and underlying deficits in the three years after; the council says it remains dependent on capital grants to deliver capital projects.
- Loans and borrowings (2024–25)
- 4.5% of ratesThe Victorian median is 13.2%. The budget says existing loans will be fully repaid by December 2026, with no new borrowing in 2026–27 and new borrowings planned from 2027–28 ($5 million, then $6.55 million in each of the two following years).
- 2026–27 capital works
- $40.66 millionPart of a $170.39 million four-year program. The largest items are $15.85 million for roads and $10.34 million for recreation, leisure and community facilities, including $9.14 million for the Victoria Park redevelopment in Echuca. The council's figures, from its adopted budget.
| Measure (2024–25) | Campaspe | Victorian median |
|---|---|---|
| -5.4% | 0.56% | |
| Current assets ÷ current liabilities (short-term liquidity) | 4.95× | 2.17× |
| Unrestricted cash ÷ current liabilities (free cash) | 3.38× | 0.26× |
| Loans and borrowings ÷ rates | 4.5% | 13.2% |
| Loan repayments ÷ rates | 3.4% | 1.4% |
| Non-current liabilities ÷ own-source revenue | 4.0% | 16.7% |
| Asset renewal and upgrade ÷ depreciation | 95.3% | 94.9% |
| Rates ÷ adjusted underlying revenue (reliance on rates) | 48.2% | 57.8% |
| Rates ÷ property values | 0.36% | 0.28% |
| Expenses per property assessment | $5,181 | $4,100 |
| Average rate per property assessment | $2,035 | $1,937 |
Campaspe Shire Council, LGPRF financial measures, 2024–25, next to the median of the 79 Victorian councils reporting each measure. Source: Local Government Victoria, LGPRF 2020–2025 Full Council Data Set (Nov 2025 release), CC BY 4.0. The median is CouncilBeacon's own calculation.
The LGPRF has no official benchmarks, and Local Government Victoria says its data shouldn't be used for simplistic league tables. So we don't mark any figure as a pass or a fail, and we don't rank councils. The Victorian median is CouncilBeacon's own calculation, taken across the Victorian councils that report each measure in the 2024–25 data set. A figure above or below the median isn't good or bad in itself. Councils differ in size, assets and services; Campaspe is in the LGPRF's 'Large Shire' group, and the council's annual report explains its own results. The 2025–26 figures are due in about November 2026.
Sources — check it yourself
- Local Government Victoria — LGPRF 2020–2025 Full Council Data Set (XLSX, Nov 2025 release, CC BY 4.0) · 2024–25
- DataVic — Local Government Performance Reporting (dataset and licence) · 2024–25
- Victorian Government — Know Your Council comparison dashboard · Sep 2026
- Campaspe Shire Council — Council Budget 2026/27 (PDF, adopted 16 Jun 2026) · 2026–27
- Campaspe Shire Council — Budget 2026/27 invests in Campaspe's future (17 Jun 2026) · Jun 2026
- Campaspe Shire Council — Budget, fees & charges · Sep 2026
Figures are current as at the dates shown and may change — always confirm with the linked source. See the notice at the bottom of the page for full details and how to report a correction.