FRANKSTON Council posted a surplus of $26.52 million in the 2025/2026 financial year, its annual report has revealed.
In the 2025/2026 financial year, Frankston Council spent $71.8 million of ratepayer money on infrastructure projects. $30.1 million of that was spent on improving existing assets.
In the annual report released last week, Frankston Council’s CEO Tennille Bradley said “despite ongoing cost pressures and the increasing demands on local government, council continued to invest in the infrastructure, services and programs our community relies on. We completed major projects including Seaford Place, Langwarrin Place, Sandfield Reserve and the Frankston Arts Centre forecourt, while construction commenced on the $60 million Frankston Stadium and works progressed on the Frankston Regional Arts Trail.”
Frankston mayor Cr Sue Baker wrote in the annual report that “across Frankston City, investment in community facilities, open space, sport, arts and culture is creating more opportunities for people to connect, participate and thrive. Private investment and development are also helping prepare our city for future growth, including three major developments worth a combined $137 million along the Nepean Highway, delivering 312 new apartments alongside retail, hospitality and office space.”
The $26.52 million surplus, which is inclusive of grants from other levels of government, is an increase on the $15.87 million surplus from the previous financial year. The annual report read that the increase “included higher capital grants linked to the timing of capital works projects, as well as significant non-monetary contributions relating to gifted buildings under the Kindergarten Infrastructure and Services Plan and land, roads, footpaths and drainage assets received through subdivision developments within the municipality.”
Cr Baker said that in 2025/2026 “we saw community spirit in action in many ways.”
“Frankston became home to Australia’s Most Accessible Beach, which gave more than 456 people with disability the opportunity to experience our beach in ways that had previously not been possible. Following the success of the pilot, the program will return in 2026–2027. Frankston City was recognised as an Established Welcoming City, reflecting our commitment to inclusion, belonging and social connection.
At Jubilee Park, a new multipurpose community hub opened at Nairm Marr Djambana, providing a culturally safe space for Aboriginal and Torres Strait Islander people to connect and share their culture,” Cr Baker said. “We continued to grow as a destination for events, arts, culture and entertainment, with almost 400,000 people attending council’s major events and events at Frankston Arts Centre during 2025–2026. From the Waterfront Festival and South Side Festival to the Australian Sand Sculpting Championships, these events brought our community together, attracted visitors and supported local businesses.”
First published in the Frankston Times – 27 October 2026