THE City of Greater Geelong has been allocated an extra $8.2 million to spend on local infrastructure projects due to the federal government\u2019s additional investment in the Local Roads and Community Infrastructure Program (LRCIP).<\/p>\n
The federal government split the initial $1.8 billion between local governments across Australia, and during the 2020-21 Budget announced it would be investing a further $1 billion to the program over two years.<\/p>\n
Councils must first nominate projects for approval Department of Infrastructure, Transport, Regional Development and Communications to access the funding.<\/p>\n
Federal treasurer Josh Frydenberg said the primary condition of this approval is the projects\u2019 being ready for construction.<\/p>\n
\u201cThese investments in our local communities will support local jobs,\u201d Mr Frydenberg said.<\/p>\n
“Funding for these shovel-ready projects will be provided on a use it or lose it basis.\u201d<\/p>\n
The $8,262,225 additional funding for the City takes its total funding from the LRCIP to $10,445,729.<\/p>\n
City of Greater Geelong chief executive Martin Cutter said the extra funds would aid the city\u2019s recovery from the pandemic.<\/p>\n
\u201cWe welcome this funding from the federal government which will provide much-needed stimulus during our COVID recovery.\u201d<\/p>\n
The Borough of Queenscliffe received a further $102,736 in addition to the original $140,915 it was allocated.<\/p>\n
A council spokesperson said the borough would be thorough in selecting which projects it nominates for the LCRIP funds.<\/p>\n
\u201cCouncil has a list of future projects obtained via our community budget engagement survey which align with the objectives in our Council Plan and Asset Renewal Plan. Council officers will develop a shortlist of potential projects and present to Council for consideration,\u201d they said.<\/p>\n
\u201cCouncil\u2019s community budget engagement survey, conducted from October 2019, attracted a wide range of suggestions for areas Council should focus on in the 2020\u201321 budget year. A number of the project ideas proposed in that consultation will be considered.\u201d<\/p>\n
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THE City of Greater Geelong has been allocated an extra $8.2 million to spend on local infrastructure projects due to the federal government\u2019s additional investment in the Local Roads and Community Infrastructure Program (LRCIP). The federal government split the initial $1.8 billion between local governments across Australia, and during the 2020-21 Budget announced it would […]<\/p>\n