Victorian Current Acts Victorian Current Acts(1) A Council must develop the budget and any revised budget in accordance with—
(a) the financial management principles; and
(b) subject to subsection (2), its community engagement policy.
(2) A Council may develop the first budget under section 94 in accordance with section 223 of the Local Government Act 1989 if the Council has not adopted its first community engagement policy at the time that the budget is being developed.