The MAV has established a Financial Assistance Grants and Rate Capping Taskforce (FRCT) to provide recommendations to the MAV Board to limit the impact of the Federal Government’s 2014 Budget freeze on indexation for core Financial Assistance Grants provided to councils, and the State Labor policy of rate capping.
The Taskforce held its first meeting in July 2014. Taskforce members reiterated the importance of ensuring councils’ rating autonomy and identified the significant cost that will be imposed on councils through federal grant cuts. It has agreed to develop a comprehensive strategy to guide the MAV and council advocacy to minimise the consequences of the above decisions.
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