Treasury Corporation of Victoria loans

The framework enables Victorian councils to access loans financed through the Treasury Corporation of Victoria (TCV). The option to access TCV loans provides greater flexibility for Victorian councils to finance their future operational and capital requirements.

Victorian councils have significant economic responsibilities as they collectively own and manage community assets and infrastructure worth in excess of $142.8 billion and spend over $11.2 billion on the provision of services annually. The Victorian Government recognises these responsibilities and wants to encourage Victorian councils to responsibly consider the strategic use of cost-effective debt for the benefit of local communities. Victoria’s strong credit rating means that the State can borrow and lend money at cheaper rates than are commercially available to councils.

All Victorian councils are eligible to be considered for loans under the framework.

Local Government Victoria (LGV) in the Department of Government Services (DGS) administers the framework in collaboration with the Department of Treasury and Finance (DTF).

Please refer to the TCV loans framework guidelines for further details.

TCV loans framework guidelines DOCX, 1047 KB

TCV loans framework guidelines PDF, 504.88 KB