In the lead up to the Australian Council of Local Government (ACLG) next week, the Federal Government has confirmed it will bring forward $2.78 billion in financial assistance for councils.
The funding allocation represents 85% of the Financial Assistance Grant allocations for 2024-25, which is set to flow onto councils as soon as possible.
Australian Local Government Association President, Linda Scott said the early payment of next year’s allocation will help councils facing immediate cash flow pressures.
“We are delighted the Government has responded to our call and delivered an early payment of Financial Assistance Grants to Australia’s 537 local governments,” said President Scott.
“This untied funding is critical for councils, and bringing forward 85% of their 2024-25 allocations will greatly assist with budget planning and certainty for next financial year.
“We sincerely appreciate every dollar of federal funding we receive, which helps to build and maintain local pools, libraries, cultural centres, cycleways and skate parks that are vital for vibrant, liveable communities.”
The 2024 ACLG is expected to be attended by a record number of local government representatives, including Mayors and Shire Presidents, Councillors, CEOs, and a range of peak body representatives.
The 2024 ACLG is taking place with the annual Australian Local Government Association’s National General Assembly, which runs from 2 – 4 July, in Canberra.
“We know local Governments have been facing a range of challenges including financial sustainability and economic barriers, workforce shortages and natural disasters,” said Infrastructure, Transport, Regional Development and Local Government Minister, Catherine King.
“That’s why it’s important we stand side by side to identify how we can work together to overcome these challenges, which is exactly what we are doing by bringing forward these vital cash payments and hosting the ACLG.
The National Awards for Local Government will also be presented at the ACLG Gala Dinner on Thursday evening – celebrating the innovation and expertise of the local government sector on the national stage.
