Commonwealth funding changes threaten Federation Council stability
What happened
The NSW Local Government Grants Commission proposed changes to how federal funding is distributed to councils, which would result in Federation Council losing $2.16 million. Federation Council, along with Greater Hume and Lockhart Shire, formally objected to the plan. The changes would allow Albury and Wagga to receive a greater share of grants.
From bordermail.com.au
Why it matters
To cover the net loss of $2.16 million, Federation Council warned it would require an immediate 16 per cent special rate variation. This proposal is considered entirely unviable, especially since the council has already implemented a cumulative 69 per cent total rate increase over the last four years.
From bordermail.com.au
Who's involved
- Federation CouncilLocal government area whose stability is threatened by funding changes from the Commonwealth.
- CommonwealthThe source of the federal funding changes impacting the Federation Council.
- Cheryl CookMayor of Federation Council.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Federation CouncilSpeculative
Federation Council might require a massive rate increase to cover the net loss of $2.16 million in federal funding.
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The entities involved
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Federation Council
local government area in New South Wales, Australia
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Commonwealth
American nonprofit organization