Fact Sheet 3 – Financing Local Government
Financial Assistance Grants (FAGs)
- The 2019-20 Budget maintains the system of payments to support local government, through Financial Assistance Grants (FAGs).
- In the 2019-20 year, the Australian Government will allocate $1.275 billion in FAGs for local government services to the community. It should be noted that $1.275 billion was also bought forward from 2019-20 into the 2018-19 financial year.
- FAGs continue to comprise two components: general purpose assistance grants; and untied local roads grants.
Table 1: Commonwealth funding for local government 2019-20 ($m)
|General Purpose Assistance||883.1|
|Untied Local Road Funding||391.9|
|TOTAL LOCAL GOVERNMENT FUNDING||1275.0*|
*Note $1.275 billion was bought forward into the 2018-19 financial year
Table 2: Total Financial Assistance Grants to local government 2018-19 to 2022-23
|General Purpose Component||1734.4||883.1||1,839.5||1,914.8||1,996.9|
|Local Road Component||769.6||391.9||816.3||849.6||886.1|
|TOTAL FINANCIAL ASSISTANCE||2,504||1,275||2,655.8||2,764.4||2,883|
Table 3: Financial Assistance Grants – 2019-2020
|Financial assistance grants ($m)||NSW||VIC||QLD||WA||SA||TAS||ACT||NT||Total|
|General Purpose Component||272.1||229||177.2||91.4||61.1||18.6||14.9||8.6||883.1|
|Local Road Component||113.7||80.8||73.4||59.9||21.5||20.8||12.6||9.2||391.9|
Note for the above tables – $1.275B was bought forward into the 2018-19 financial year