Among the projects funded are a new play space in Elmore and upgrades to facilities in Golden Square, Strathfieldsaye and central Bendigo.
Mayor Thomas Prince said the budget balanced the need to maintain services residents relied on today while planning for the region’s growth.
“The budget 2026-27 reflects what our community has told us is important: affordable services, liveable neighbourhoods, a healthy environment and strong local communities, while also supporting local jobs, business and future growth,” he said.
Maintaining and renewing infrastructure remains a key focus, with $47.9 million allocated to buildings, $13.3 million to roads, $8.5 million to pathways and $9.9 million to parks and open spaces.
An additional $44 million has been set aside for the renewal and maintenance of existing assets across the municipality.
Funding has also been committed to major multi-year projects, including the Bendigo Art Gallery redevelopment, the Bendigo Low Line walking and cycling trail, and the redevelopment of North Bendigo Recreation Reserve.
Cr Prince said community feedback played an important role in shaping the budget.
“As part of the budget 2026-27 development process, a survey was held on the city’s online engagement platform, Let’s Talk Greater Bendigo, between September and October 2025,” he said.
“We’d like to thank the 261 community members who took the time to rank what is most important to them across 14 service areas.
“These results, and feedback throughout the year, have directly informed the services and infrastructure prioritised in the budget 2026-27.”
The budget was developed in line with the Victorian Government’s 2.75 per cent rate cap, with council choosing not to seek a variation despite rising costs for goods, services and supplies.
There will also be no increase to waste charges for ratepayers in the coming financial year.
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