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 $125.7 billion and spend over $10.2 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, 1044.32 KB

TCV loans framework guidelines PDF, 855.74 KB

Contact details

For more information on the TCV loans framework, please contact:

Treasury Corporation of Victoria

Treasury Client Services
(03) 9911 3636

Level 12, 1 Collins Street
(03) 9651 4800

Department of Government Services

Sector Finance and Performance
Local Government Victoria
(03) 9623 1267