December 16, 2021
Somerset Regional Council has been one of the winners under the Queensland Local Government Grants Commission (QLGGC) review.
It was revealed on Wednesday that South Burnett Regional Council will incur a 7 per cent cut in funding every year for the next three years; and Toowoomba Regional Council is facing a 23 per cent cut for the 2022-23 financial year.
However, Somerset Regional Council’s indicative allocation will increase over the next three years by about 3 per cent per year (FY2023-FY2025).
The chair of the QLGGC wrote to Mayor Graeme Lehmann on December 6 to advise him of the change.
Thursday’s Ordinary meeting of Council was told the Financial Assistance Grant was the SRC’s largest annual grant at $3,757,613.
It is Commonwealth funding that is distributed according to a formula that is determined by the QLGGC.
The meeting was told that it was understood that Somerset’s increase would be in addition to any overall change in the annual funding pool (such as CPI increases).
About 35 per cent of Queensland local councils have had their grants cut under the review.
Related articles:
- Council Angered By Grants Cut
- Mayor Slams Funding Cut
- LGAQ Welcomes Promise To Fix ‘Broken’ Grants System
- Council Joins Grant Freeze Fight
- Road Funding Needs Answers
- Federal Budget Could Cost Council ‘Millions’
- What The Budget Means To You
- Grant Losses Push Budget Into Deficit
- Council Loses $1.4m In Grants
