NSW councils share $605 million in financial assistance grants
The Hon Anthony Albanese MP
The Minister for Infrastructure, Transport,
Regional Development and Local Government
Leader of the House
Member for Grayndler
September 3 2009
The Rudd Labor Government has today announced the funding that each and every local governing body in New South Wales will receive in this financial year through the Financial Assistance Grants program.
All up, New South Wales local governments will receive record funding of more than $605 million in Financial Assistance Grants in 2009-10, with around 60 per cent of the grants going to regional, rural and remote councils.
This funding is the equivalent of nearly $87 for every New South Wales resident. Without the Financial Assistance Grants, local residents could be paying higher council rates for the same level of service.
The Government brought forward more than $150 million of this funding to June to help councils deal with the effects of the global recession.
The grant is untied so that councils can spend these funds on local priorities such as local roads, parks and pools, libraries, community centres and waste, environmental and other services.
The Rudd Government understands how important the grants are for local communities where they can comprise more than half the revenue for some councils.
The Financial Assistance Grants for New South Wales councils are in addition to:
- $257.9 million through the Regional and Local Community Infrastructure Program since November 2008; and
- $96.8 million under the Roads to Recovery program in 2009-10.
New South Wales’ 155 local governing bodies will receive their first quarterly payment this week.
The Financial Assistance Grant allocation is determined independently in accordance with the recommendations of the New South Wales Local Government Grants Commission.
Details of the allocations are available at http://www.infrastructure.gov.au/local/assistance.