About
The City of Melton is a young, growing municipality northwest of Victoria.
For over ten years, approximately 300 Council staff have used the MAGIQ Performance financial budgeting, reporting, and forecasting tool to manage the Council’s impressive operating budget of three and a half billion dollars.
The Challenge
The City of Melton will grow to half a million people by 2050. An extensive capital works program of more than 100 million dollars has been allocated to develop the infrastructure to support future growth.
The Solution
The City of Melton use MAGIQ Performance Budgeting and Reporting to manage and report on their operating budget. Impressed by the product’s performance they opted to acquire the Project Budgeting Module.
The council implemented the MAGIQ Project Budgeting module to manage its capital works budget and create accountability and measurability around its infrastructure investment projects.
The Benefits
MAGIQ Project Budgeting will allow the Council’s staff to collaborate and be transparent in budgeting and planning. Staff can add commentary and forecasts in capital expenditure budgets, which others can review for approval.
”We use MAGIQ Performance Budgeting and Reporting to manage and report on our operating budget. The product works well, so we decided to purchase the Project Budgeting Module to manage the capital expenditure budget to forecast those costs, especially around multi-part projects.
MAGIQ Project Budgeting will help us tighten the budget and provide visibility around our project spend, especially multi-year projects and make it easier for managers and coordinators to forecast, plan and report on the data.”