Toowoomba Region Mayor Cr Geoff McDonald and Deputy Mayor Cr Rebecca Vonhoff have stepped up their call for external funding for the $270 million Cressbrook Dam Safety Improvement Project with the release of a document aimed at securing grants in the coming federal and Queensland Budgets.
Cr McDonald said the document’s release, less than a week into the new Council term, was especially timely given he was attending events in Brisbane later this week along with federal and state government ministers and senior public servants. “I look forward to outlining Council’s request for funding with the federal Minister for Regional Development, Local Government and Territories Kristy McBain and Queensland Minister for Housing, Local Government and Planning and Minister for Public Works Meaghan Scanlon,” Cr McDonald said.
“I also plan to meet State Development and Infrastructure Director-General Graham Fraine and will be attending an event with Queensland Reconstruction Authority representatives. "Council has applied for a Disaster Ready Fund grant through the QRA. “While Council previously has relayed the importance of this project to the higher levels of government, I am determined to high- light how critical external funding remains to supporting this work, which was mandated by the State Government.
“Council will take every opportunity to impress on the state and federal government how crucial external funding is to ensure the full cost burden is not passed to ratepayers. “Without grant support, there is no option other than through debt funding from the Queensland Treasury Corporation. “This scenario would take Council to its maximum borrowing capacity and negatively affect our financial sustainability. We would much prefer to avoid this situation which would also reduce Council’s ability to withstand other financial disruptions.
“Despite all our careful financial planning, Council cannot carry the full cost of the Cressbrook Dam project singlehandedly without also deferring planning and delivery of other major projects and potentially a review into the range and levels of essential local government services that are required to support a growing Region. “This underlines why securing government grants for the largest capital project undertaken by Council is our highest Budget priority.” Cr McDonald said Council was progressing with work on the business case which is scheduled to be presented to the State Government in mid to late June. He said project construction work was expected to start in the second half of the year.
To view the documents, visit www.tr.qld.gov.au/advocacy Key facts:
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