Business Plan and Budget adopted

24 June, 2026

Business Plan and Budget adopted

The City of Adelaide's 2026-27 Business Plan and Budget (BP&B) has been adopted with a general rates revenue increase of 5.6 per cent to support its implementation.

It follows a public consultation period that exceeded statutory requirements and offered a range of engagement methods for our community to provide its input. Council received more than 200 survey forms, written submissions, deputations at a Council meeting and dozens of interactions with community members at in-person sessions.

The final BP&B for this term of Council continues to deliver on Council's Strategic Plan 2024 - 2028 and highlights include:

• Investing over $42.5m into new and upgrade capital works - continuing to ensure the right investment is provided to the future of our Community Sports and Park Lands facilities, delivering the revitalisation of our main streets and further city greening.
• Opening the expanded Adelaide Central Market - strengthening the Market's diversity, vibrancy and strong sense of place through a once in a generation expansion, including an additional 50 tenants, as part of Council's partnership with ICD Property to deliver the $600m Market Square project, which also incorporates new residences, commercial office and hotel.
• Co-delivering an investment in city living - working in partnership with the State Government and community housing sector to progress the Flinders Street Housing Project to support housing supply, affordability and deliver on our target of 50,000 residents.
• Undertaking more than $68.8m in asset renewal - maintaining and improving the $2 billion plus Council owned assets such as our roads, buildings, footpaths and Park Lands.
• Delivering $11.3m of projects towards our strategic commitments - including the Integrated Transport Strategy, Integrated Climate Strategy, Disability Access and Inclusion Plan, Stretch Reconciliation Action Plan, Homelessness Strategy, Property Strategy, Economic Development Strategy and our Strategic Plan.

The Administration will now commence delivery and implementation of the BP&B and will report progress and achievements to Council on a quarterly basis.

For more information

Matt Halliwell