2020-21 State Budget

The Budget papers are split into four sections and are supported by Budget Information Papers (BIPs).

Treasurer’s Speech

Budget Paper No. 1: Treasurer’s Speech commends the Appropriation Bills to Parliament and outlines the budget to Parliament and Victorians.

It commends the Appropriation Bills to Parliament and provides the Treasurer with an opportunity to outline the budget to Parliament and Victorians.

2020-21 State Budget: Treasurer's Speech(opens in a new window) (PDF, 16 pages, 470KB)

2020-21 State Budget: Treasurer's Speech(opens in a new window) (Word, 13 pages, 83KB)

Strategy and Outlook

Budget Paper No. 2: Strategy and Outlook outlines the State's current and expected economic and financial performance and outlines the Government's fiscal and economic strategy.

It provides an economic and fiscal overview, and describes the budget position and outlook for the general government sector as well as the broader public sector.

Budget Paper 2: Strategy and Outlook(opens in a new window) (PDF, 123 pages, 1.5MB)

Budget Paper 2: Strategy and Outlook(opens in a new window) (Word, 119 pages, 6.4MB)

Service Delivery

Budget Paper No. 3: Service Delivery provides an overview of the goods and services funded by the Government. It also details how these are delivered by departments, and how these support the Government’s strategic objectives.

It outlines the Government’s priorities for the services it provides and sets out the costs of the services for Victorians. It includes a breakdown of all output funding with associated performance targets.

2020-21 State Budget: Service Delivery(opens in a new window) (PDF, 435 pages, 3.3MB)

2020-21 State Budget: Service Delivery(opens in a new window) (Word, 428 pages, 1.5MB)

Statement of Finances

Budget Paper No. 4: Statement of Finances (including Quarterly Financial Report No. 3) provides the financial details of the aggregated Victorian general government sector and the broader Victorian public sector.

In addition to the estimated financial statements and notes to the accounts, it includes the supplementary uniform presentation framework tables, with chapters on state revenue, tax expenditure and concessions, contingent assets and liabilities and the public account.

2020-21 State Budget: Statement of Finances(opens in a new window) (PDF, 252 pages, 3.3MB)

2020-21 State Budget: Statement of Finances(opens in a new window) (Word, 243 pages, 2.2MB)

Budget Overview

The Budget Overview summarises the State’s economic and fiscal outlook, and the Government’s strategic priorities and objectives.

It contains the Treasurer’s message, information about the Government’s investments and plain-English summaries of budget decisions.

2020-21 State Budget - Budget Overview(opens in a new window) (PDF, 52 pages, 1.7MB)

2020-21 State Budget - Budget Overview(opens in a new window) (Word, 46 pages, 167KB)

Jobs Plan

The Jobs Plan is dedicated to getting more Victorians back to work, while at the same time building an economy that is fairer and more inclusive for everyone.

2020-21 State Budget Jobs Plan(opens in a new window) (PDF, 56 pages, 2.4MB)

2020-21 State Budget Jobs Plan(opens in a new window) (Word, 49 pages, 272KB)

Suburban Budget Information Paper

The Suburban Budget Information Paper summarises the Government’s priorities for suburban Victoria, including projects in jobs, education, health, emergency services and infrastructure investment.

2020-21 State Budget - Suburban(opens in a new window) (PDF, 40 pages, 1.7MB)

2020-21 State Budget - Suburban(opens in a new window) (Word, 35 pages, 69KB)

Rural and Regional Budget Information Paper

The Rural and Regional Budget Information Paper summarises the Government’s priorities for rural and regional Victoria, including projects in jobs, education, health, emergency services and infrastructure investment.

2020-21 State Budget - Rural and Regional(opens in a new window) (PDF, 36 pages, 1.8MB)

2020-21 State Budget - Rural and Regional(opens in a new window) (Word, 30 pages, 78KB)