Approved Budget and Financial sub-Committee funded asset investment programs and targets over the next four financial years are published in the 2024–25 State Budget Paper No. 4.
New and existing projects
($ thousand) Total estimated investment 210 Estimated expenditure to 30 June 2024 - Estimated expenditure 2024-25 210 Remaining expenditure - Estimated completion date Quarter 4
2024-25($ thousand) Total estimated investment 46,949 Estimated expenditure to 30 June 2024 3454 Estimated expenditure 2024-25 19,098 Remaining expenditure 24,397 Estimated completion date Quarter 1
2026-27($ thousand) Total estimated investment 63,147 Estimated expenditure to 30 June 2024 42,173 Estimated expenditure 2024-25 20,593 Remaining expenditure 381 Estimated completion date Quarter 4
2025-26Delivering new police station infrastructure total estimated investment (TEI) has increased by a net $0.605 million due to the inclusion of $1.3 million for the ‘Replacement for critical police facilities (Rochester)’ project previously published separately in the 2023–24 Budget as part of this program of works and $0.695 million being reclassified as operating instead of capital expenditure, in line with accounting standards.
($ thousand) Total estimated investment 45,907 Estimated expenditure to 30 June 2024 4239 Estimated expenditure 2024-25 40,557 Remaining expenditure 1111 Estimated completion date Quarter 4
2025-26($ thousand) Total estimated investment 7879 Estimated expenditure to 30 June 2024 6535 Estimated expenditure 2024-25 1344 Remaining expenditure - Estimated completion date Quarter 4
2024-25($ thousand) Total estimated investment 5195 Estimated expenditure to 30 June 2024 3760 Estimated expenditure 2024-25 1436 Remaining expenditure - Estimated completion date Quarter 4 2024-25 ($ thousand) Total estimated investment 18,265 Estimated expenditure to 30 June 2024 4807 Estimated expenditure 2024-25 11,908 Remaining expenditure 1550 Estimated completion date Quarter 4
2025-26Victoria Police system enhancements and resources TEI has decreased by $7 million due to budgeted amounts being reclassified as operating instead of capital expenditure, in line with accounting standards.
Updated