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Regional Development
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Country Local Government Fund
The State Government has announced funding of $500 million over five years to assist country local governments build and maintain community infrastructure.Local governments within the nine regions as defined by the Regional Development Commissions Act 1993 will be eligible for funding. The fund acknowledges the findings of a number of studies regarding sustainability and infrastructure backlogs across the local government sector. As a result, the fund targets asset management and renewal and also enables the creation of new assets and infrastructure. Local decision making will ensure that the Country Local Government Fund is directed to local infrastructure priorities. Funding of $100 million is being provided in 2008-09 to local councils under the Country Local Government Fund. Local governments will be required to meet guidelines and accept certain conditions in order to receive their share of the $100 million.
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