04

2025-26 at a glance

Modified October 30, 2026
2.5 min
Modified October 30, 2026

Progress you can see

Over the past year, City of Clarence has continued to invest in the places, services and opportunities that make our community a great place to live, work and connect.

The numbers tell part of the story — but behind every number is a project delivered, a community connection made, a service provided or an opportunity created.

Budget in review

With a high level of ongoing capital projects, we set a budget for capital works of $26.8 million as well as criteria for prioritising capital projects for the 2025-26 financial year that included:

  • projects assessed as high‑risk works
  • ongoing projects that required additional funding to complete in 2025‑26
  • projects that are fully grant‑funded
  • renewal projects in line with the long‑term capital program
  • projects that meet emerging community needs.

The budget is also framed around a 10-year Long‑Term Financial Plan and Financial Management Strategy. This ensures we can continue to deliver services, maintain assets and develop new infrastructure for the community in a sustainable manner, noting a population growth of around 12% from 2016‑21 (compared to 9% for Tasmania and 7.6% for Hobart City).

To this end, Council approved a financially and economically responsible budget for 2025‑26 which included a rate increase on average of 4.85%.

Property revaluation

During 2025-26 the Office of the Valuer General (OVG) commenced fresh revaluations in City of Clarence, due to be completed and new property valuations proclaimed in May 2026. 

As the revaluation was delayed and the new valuations were not proclaimed until August 2026, the Rating Resolution adopted by Council on 15 June 2026 to be used for 2026-27 rating was based on the existing OVG valuation, specifically, the third year on the OVG 2024 adjustment values.

Where your rates were spent