The Local Government FAST program, announced in the 2016-17 Victorian Government budget, is delivered in three streams by the Department of Environment, Land, Water and Planning (DELWP).
Stream One – expert financial support
Stream One provides specialist accounting and finance advice and support to rural councils on a project-by-project basis.
This advisory and support facility is provided by members of the FAST panel, an expert panel of suppliers. The grant program is not competitive; it will respond to identified needs.
The members of the FAST Panel are:
- AFS & Associates
- CT Management
- Ernst & Young
- Grant Thornton
- HLB Mann Judd
- Impact Consulting Group
- Mach 2 Consulting
- T G Matthews
- WHK Horwath
Stream Two – grants program
Stream Two of the FAST program provides grants that allow rural and regional councils to explore opportunities for shared services and collaborative procurement that are more financially sustainable or improve services.
Funding is awarded through a competitive process. This stream doesn’t fund implementation of proposals: the grants are to develop a business case or feasibility study. The study or business case should include proposed key performance measures formalise the agreement of participating councils, and enable shared learnings.
Joint proposals from groups of rural and regional councils that meet the funding criteria will be funded up to $75,000 to develop a business case or feasibility study. The group is to match 50 per cent of the funded amount by in-kind services or financial contribution. Projects are expected to be completed within a 12 month period.
Funding will support business cases or feasibility studies expected to lead to councils investing in project implementation themselves, without additional government support. Proposed business cases or feasibility studies should be fully costed, and include the expected benefits and measurement criteria to support collaboration.
Download details of the funding criteria:
Round One Applications
Applications for Round 1 grants are now closed.
Round Two Applications
Applications for Round 2 must be lodged online via the DELWP GEMS system by 5.00pm on 26 May 2017.
Subject to confidential aspects, councils are expected to share anything learned from streams one and two, including any improved practices.
Stream Three – research and development
Based on the learnings from Streams One and Two, and analysis and research by Local Government Victoria, Stream Three aims to develop and revise policy in local government finance. The products of this stream will include better practice guidance documents and practice notes tailored for the whole local government sector.
The suite of better practice guidance materials is available at Sector guidance: planning and reporting.
For further information regarding the program or to discuss a possible proposal please contact:
Finance and Business Analyst
Local Government Victoria
03 9948 8531