Annual Report 2024-25 highlights record infrastructure investment

Published on 28 October 2025

Moyne Shire Council has reported another year of strong financial management and performance, with the Annual Report 2024/25 showing record infrastructure investment, continued financial strength and progress toward long-term community priorities.

Mayor, Cr Karen Foster said Council continued to deliver essential services and capital works at a high level while maintaining sound financial management.

“In 2024/25 we invested $15.4 million in roads, bridges, footpaths and drainage — one of the highest ratios of infrastructure investment among rural Victorian councils,” Cr Foster said.

“In total, we delivered $29.7 million in capital works, an increase of $3.6 million on the previous year, and remained debt-free while strengthening our cash position. This demonstrates our commitment to maintaining and improving the assets that keep Moyne moving.”

Major works delivered or progressed during the year included:

110km of road resealing completed (exceeding target by 20%)
$3 million Port Fairy Skate and Play precinct
Hopkins Falls Bridge widening, Wangoom
Lighting installation at Victoria Park, Koroit
Upgrades to East Beach, Port Fairy

Moyne also secured significant external funding to support future infrastructure delivery, including:

$2 million from the Federal Growing Regions Fund for Stage 3 of the Koroit Township Renewal Project (works commence October 2025)
$5 million from the Safer Local Roads and Infrastructure Program for the Gipps Street Bridge replacement, Port Fairy
$2.15 million for upgrades to the Darlington–Terang Road, delivered in partnership with Corangamite Shire

Tourism and events continued to drive the local economy, with more than 14,000 guests staying in Council’s caravan parks across summer and strong attendance at hallmark events including the Moyneyana Festival, Port Fairy Jazz Festival, Mortlake Showjumping Festival, and Koroit Truck Show.

Financial highlights from the report include:

Operating surplus of $10.5 million
$29.7 million in capital works delivered
Cash and investments of $20.2 million, up $6 million on 2023/24
No debt, with a working capital ratio of 235.6%
Average rate rise of 2.4%, below the State Government rate cap

Cr Foster said the new Council, elected in October 2024, is building on a strong foundation for the future.

“This Annual Report highlights a year of major investment in the infrastructure and services that sustain our communities,” she said.

“We recognise the importance of early years care for our families, increasing childcare places by 5%, and facilitated the opening of Roots Childcare in a Council-owned centre in Garvoc.”

“Under the Council Plan 2025–2029 we’re focused on strengthening local connections, maintaining financial sustainability, and delivering projects that improve safety, liveability and opportunity across Moyne.”

The Annual Report 2024/25 was presented at the Ordinary Council Meeting on Tuesday 28 October 2025 and is available on Council’s website.