Fact Sheet 3 – Financing local government
Financial Assistance Grants (FAGs)
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The 2018-19 Budget maintains the system of payments to support local government, through Financial Assistance Grants (FAGs).
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In the 2018-19 year, the Australian Government will allocate $1.229 billion in FAGs for local government services to the community. It should be noted that $1.2B was also bought forward from 2018-19 into the 2017-18 financial year.
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FAGs continue to comprise two components: general purpose assistance grants; and untied local roads grants.
Table 1: Commonwealth funding for local government 2018-19 ($m) |
|
---|---|
General Purpose Component |
851.3 |
Local Road Component |
377.7 |
|
|
TOTAL LOCAL GOVERNMENT FUNDING |
1229.0 |
*Note $1.2B was brought forward into the 2017-18 financial year
Table 2 outlines total Financial Assistance Grants (FAGs) for the period 2016-17 to 2020-21.
Table 2: Total Financial Assistance Grants to local government 2017-18 to 2020-21 (cash)
|
|||||
---|---|---|---|---|---|
|
2017-18 |
2018-19 |
2019-20 |
2020-21 |
2021-22 |
|
$m |
$m |
$m |
$m |
$m |
General Purpose Component |
1671.7 |
851.3 |
1772.9 |
1842.7 |
1918.9 |
Local Road Component |
741.8 |
377.7 |
786.7 |
817.7 |
851.5 |
Total financial assistance |
2413.4 |
1229.0 |
2559.6 |
2660.4 |
2770.3 |
Table 3 Financial Grants – 2018-19
Table 3: Financial Assistance Grants to local government by jurisdiction 2018-19 |
|||||||||
---|---|---|---|---|---|---|---|---|---|
Financial assistance grants |
NSW |
VIC |
QLD |
WA |
SA |
TAS |
ACT |
NT |
TOTAL $m |
General Purpose Component |
272.1 |
219.6 |
170.6 |
89.0 |
59.4 |
18.0 |
14.2 |
8.4 |
851.3 |
Local Road Component
|
109.6 |
77.9 |
70.8 |
57.8 |
20.8 |
20.0 |
12.1 |
8.8 |
377.7 |
TOTAL |
381.7 |
297.5 |
241.4 |
146.7 |
80.1 |
38.0 |
26.3 |
17.3 |
1229.0 |
Note for the above tables – $1.2B was bought forward into the 2017-18 financial year