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Council funding fast-tracked to curb recession

The federal government has brought forward new funding to help councils deal with the impact of the global economic recession.

Greater Taree City Council will be allocated more than $1.5 million in the 2009-10 first quarter Financial Assistance Grants – $1,024,244 to spend on general purpose projects and $518,096 for roads.

The council can spend these funds on a range of priorities including local roads, parks and pools, libraries, community centres and childcare services.

The grant allocation is determined independently by the New South Wales Local Government Grants Commission.

The funds are untied so councils can spend them in accordance with local priorities.

This measure builds on more than $1 billion in new funding the government is providing to stimulate local economies through the Community Infrastructure Program.

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Stimulus funding
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