Wollongong Council faces $16m funding cut, rate rises could follow
Wollongong's annual Commonwealth grant drops from about $23.8 million to about $7.7 million under a new funding formula.
Under new Commonwealth funding rules, Wollongong's annual grant drops from about $23.8 million to about $7.7 million, a loss of $16 million yearly. The council says this could force service cuts, deferred maintenance, staff changes and rate rises.
The council also raised concerns about a lack of transparency in how the new funding formula was calculated. Without change, the cuts would compound over time and threaten the council's long-term financial sustainability.
- $16 million
- Annual funding loss
- $23.8 million
- Previous annual grant
- $7.7 million
- New annual grant
Why it mattersWithout immediate change, the funding cut will force Wollongong to cut services, raise rates or shed staff, affecting local residents and businesses.
AustraliaWollongong residents could face higher council rates, reduced services and local job losses if the funding model changes are not reversed.
✓ Claims checked against the source and corrected before publish. checked 1 h ago
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