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.
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.
Strategy and Outlook
Budget Paper No. 2: Strategy and Outlook describes the State’s economic and financial position and outlines the Government’s priorities for investing in services. 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.
Service Delivery
Budget Paper No. 3: Service Delivery provides an overview of the goods and services funded by the Government and 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.
State Capital Program
Budget Paper No. 4: State Capital Program, describes the Victorian Government's asset investment program. It provides an overview of the investments that departments and government-controlled entities will deliver in the coming financial year. It also includes capital programs and projects currently under way or in progress, and lists projects expected to be completed in the coming year.
Statement of Finances
Budget Paper No. 5, Statement of Finances (including March 2016 Quarterly Financial Report No. 3), provides the financial details of the aggregated Victorian general government sector and the broader Victorian public sector.
Rural and Regional
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.
Budget Update
Each year, the Victorian Government produces a mid-cycle review of the annual State budget.
The Budget Update provides revised estimated financial statements relative to the previous Budget, including the projected outcome for the end of the current financial year and revised estimates for the forward years.
The 2016-17 Victorian Budget Update was released by the Treasurer on 13 December 2016.
Updated