Annual Plan and Budget

The Annual Plan is an important part of the City of Hobart's business planning process. It is the City's roadmap to deliver the strategic objectives, as determined by the elected members and enables us to achieve the targets that have been prioritised in the financial year ahead.

Annual Plan 2025-26(PDF, 3MB)

Our Annual Plan features 43 individual actions designed to guide the work of staff at the City of Hobart. These actions are not only innovative but also ensure ongoing financial viability. This balanced approach allows us to implement forward-thinking initiatives while maintaining the fiscal health of our city.

In the year ahead we have committed to:

  • Developing the City's first heritage strategy to provide clear guidelines in the management and preservation of Hobart's unique historic buildings, homes and public spaces.
  • Continuing the work we've done on our in-depth plan for closing, rehabilitating and repurposing the McRobies Gully Waste Management Centre by 2030.
  • Developing and implementing waste reduction actions and programs to ensure the City's objective of zero waste to landfill by 2030 is achieved.
  • Continuing the development of the Mount Nelson and Sandy Bay Neighbourhood Plan, and delivery/implementation of the North Hobart Neighbourhood Plan.
  • Designing and delivering a "Resilient Hobart" program to build community capacity to adapt to hazards (fire, flood, rising sea levels), as well as undertaking research and assessments to understand Hobart's disaster risk more comprehensively and to identify actions we can take to manage these risks.
  • Supporting Hobart households and businesses to be sustainable, emissions-conscious and to save money through an "Electrify Hobart" program which includes developing an effective and reliable electric vehicle charging network in the city.

The effectiveness of the major actions and initiatives in the Annual Plan will be monitored through quarterly progress reports to the Council and in the City of Hobart Annual Report.

Annual Plan 2025-26(PDF, 3MB)

Budget

Budget

The City of Hobart 2025-26 Budget was adopted on 30 June 2025.

The Hobart City Council has endorsed a responsible, balanced budget for the 2025–26 financial year, with a strong focus on community wellbeing, sustainability, and sound financial management.

This budget supports our Annual Plan which positions the organisation to deliver the basics better without forgoing opportunities to enhance the livability of our city.

Highlights include:

  • Rates revenue: 3.5 per cent increase
  • Operating Budget: $183.9 million
  • Underlying Surplus: $1 million
  • Surplus: $16.5 million
  • Australian & State Government grants totaling: $19.2 million
  • Capital works program: $36.8 million

Please note that in 2025-26 there is a budgeted underlying surplus of $1 million.

Related documents

Budget Estimates 2025-26(PDF, 985KB)

Long-Term Financial Management Plan 2023-33(PDF, 2MB)

Interim Strategic Asset Management Plan 2024-2034(PDF, 2MB)

Budget snapshot

Budget snapshot

Budget snapshot(PDF, 158KB)

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