The coalition's election victory over the weekend will affect Victoria's financial outlook, but the state Labor government is yet to reveal the cost.

State treasurer Tim Pallas is set to unveil Victoria's budget next Monday, delayed from late April awaiting the outcome of the federal poll so the state knew what funds it had to work with.

"Of course the election result on Saturday will have an implication going forward in our budget, but for next Monday's budget there will be a surplus budget and it will deliver on our election commitments," senior state minister Jacinta Allan told reporters today.

Treasurer Tim Pallas will unveil Victoria's budget next Monday. (AAP)

During the federal campaign, Labor leader Bill Shorten promised billions of dollars for Victorian transport projects, including $2 billion for the Metro Tunnel.

The state government at the time said the extra cash for that project meant $2 billion of its own money could be redirected.

Ms Allan said the loss of those proposed funds did not sacrifice other projects.

"We will now, with the election result clear from the weekend, look at what is being offered to Victoria," Ms Allan said.

"What we were always standing up for was Victoria to get a partnership from Canberra, funding for transport infrastructure projects that Victorians support."

Minister for Transport Infrastructure Jacinta Allen said there will be implications from the federal election. (AAP)

Two projects the Morrison government is keen to get under way are Melbourne's East West Link and a Kooyong level crossing removal, for which it promised $4 billion and $260 million respectively.

But the state government remains steadfast that both projects do not stack up.

The Andrews government got rid of the East West Link at a cost of more than $1 billion to taxpayers, arguing the contract meant it would lose money for every dollar spent building it, adding that the $4 billion promised is not enough to build it now anyway.

The state also says the Kooyong Station level crossing plan has not been thought through and would be far more complex and expensive to do as an underground station than the federal government realises.

State opposition leader Michael O'Brien questioned why there was a need to delay the budget.

"(Premier) Daniel Andrews is responsible for his own budget, he can't blame the federal government for his spending," the Liberal leader said.

"We're hearing rumours of significant budget blowouts on infrastructure projects."

Mr Andrews said following the election result that Victoria's AAA-rated budget would deliver a surplus and stick to his government's promises.