Financial Assistance Grants
Local Government Financial Assistance Grants require a review into how funding is allocated across local councils.
Regional local councils get allocated too small a portion of the pot.
Metropolitan councils get allocated funding based on a similar proportional allocation methodology to regional councils, despite the need for funds being far greater outside south east Queensland.
For metropolitan councils, Financial Assistance Grants make up a minute percentage of their annual revenue and would suffer little from a reduction in their allocation.
Regional councils rely heavily on the grants to undertake vital works and stimulate local employment.
KAP wants a change to the methodology for Local Government Financial Assistance Grants to ensure regional councils are given a greater share.