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Budget & finances

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 Maroondah'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.
See the full explainer, with formulas →

The numbers

Average rate per property (2024–25)
$1,715General rates plus any municipal charge, divided by all property assessments (homes and businesses). Maroondah has no municipal charge. The Victorian median is $1,937.
Borrowings
14.1% of rates in 2024–25Loans and borrowings compared with rates; the Victorian median is 13.2%. The 2026–27 budget plans $20.0 million of new borrowing, to part-fund capital projects expected to earn income from commercial activities, and $3.2 million of repayments, for $29.5 million owed at 30 June 2027. It projects a further $8.0 million in 2028–29 and $23.5 million owed at 30 June 2030.
Adjusted underlying result (2024–25)
4.8% surplusThe operating result without capital grants and contributions, as a share of that revenue. The Victorian median is 0.56%. The 2026–27 budget projects an adjusted underlying surplus of 3.7%.
2026–27 capital works
$72.3 millionThe budget lists $38.8m for buildings (including $16.65m for the Croydon Community Wellbeing Precinct cultural hub and $13.5m for its multipurpose pavilion and bowling greens), $15.7m for footpaths and cycleways (including $13.0m for the Croydon Main Street Revitalisation), $5.9m for roads, $3.2m for drainage and $3.1m for parks and open space. Of the total, $14.5 million is expected from external sources (budget adopted 18 May 2026).
Measure (2024–25)MaroondahVictorian median
4.8%0.56%
Current assets ÷ current liabilities (short-term liquidity)1.62×2.17×
Unrestricted cash ÷ current liabilities (free cash)0.84×0.26×
Loans and borrowings ÷ rates14.1%13.2%
Loan repayments ÷ rates3.4%1.4%
Non-current liabilities ÷ own-source revenue12.7%16.7%
Asset renewal and upgrade ÷ depreciation92.1%94.9%
Rates ÷ adjusted underlying revenue (reliance on rates)63.5%57.8%
Rates ÷ property values0.24%0.28%
Expenses per property assessment$3,165$4,100
Average rate per property assessment$1,715$1,937

Maroondah City 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, and the council's annual report explains its own results. The 2025–26 figures are due in about November 2026.

Sources — check it yourself

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.