Victoria - 2023-09 - Council News

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Funding exclusion may lead to loss of millions each year

Funding exclusion may lead to loss of millions each year Published on 08 September 2023 With the impacts of the Victorian Government’s decision to exclude Peri Urban Councils from the Growing Suburbs Fund still reverberating, it is estimated the potential loss to Baw Baw Shire residents could top more than $2 million per year. Working within the restrictions of rate capping, cost shifting from other levels of government to Council, and amidst unprecedented population growth, Baw Baw Shire has recently relied on the Growing Suburbs Fund (GSF) for the delivery of numerous community infrastructure projects, including: Longwarry Early Learning Centre ($500,000) Bellbird Park East, Drouin Multi-use Pavilion ($2 million) Baw Baw Culture and Connection Precinct Stage One – Library and Learning Centre ($3.5 million) Rollo Street, Yarragon - Community Open Space Project ($1.53 million) Queens Street, Warragul Streetscape Project ($673,000) Totalling approximately $8.5 million, the average annual funding amount since Council gained access to the fund has been around $2.7 million.

Baw Baw Shire Council 8 Sep 2023