2015-16 State Budget
Budget Papers from the 2015-16 State Budget.
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 in services for Victorian families, and plain-English summaries of budget decisions.
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.
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.
Note that Budget Paper No.3, Appendix A - Output Performance Measures for Review by the Public Accounts and Estimates Committee includes incorrect text for a number of proposed discontinued performance measures in the Aboriginal Community and Cultural Development output. The correct text has been included in the online version of Appendix A.
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 2015 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.
Putting People First
Putting People First: Budget Information Paper outlines investments in education, health, emergency services, police and community services, and it highlights the Government’s commitment to tackling family violence and protecting vulnerable children.
Getting On With It
Getting On With It: Budget Information Paper describes the Government’s investments in capital projects for transport, major events, creative industries, education and sport.
Rural and Regional
Rural and Regional: Budget Information Paper summarises the Government’s priorities for rural and regional Victoria, including projects in jobs, education, health, police and emergency services.
Suburban Growth: Budget Information Paper discusses projects to be undertaken in Melbourne’s growing suburbs.
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 Budget published the previous May, including the projected outcome for the end of the current financial year and revised estimates for the forward years.
The 2015-16 Victorian Budget Update was released by the Treasurer on 27 November 2015.