Isaac council gets royalties funding

ISAAC Regional Council has been shortlisted to progress two proposed projects in the first round of the Queensland government’s royalties for the regions program.

Lou Caruana

Deputy Premier Jeff Seeney said it was one of six regional councils to progress 20 projects for funding under the program.

Sixty million dollars was available to councils under the first pilot round of royalties for the regions, he said.

“Royalties for the regions is a $495 million four-year program that is about reinvesting a share of royalties in resource regions to help build new and improved community, road and floodplain security infrastructure,” Seeney said.

“This pilot funding round is focusing on critical or urgent infrastructure needs in resource communities.”

Seeney said Isaac Regional Council would now be asked to develop and submit business cases for two projects – one under the resource community building fund and one under roads to resources.

The two projects are the Dysart Medical Centre and the Belyando Estate Moranbah Flood Free Access and Q50 bridge.

Seeney said the shortlisted councils would have to submit business cases to the government for a final funding decision.

“The heartening news is that councils have identified more than $20 million in financial contributions from their budgets and industry,” he said.

“By leveraging this additional funding royalties for the regions will help deliver better outcomes for resource communities.”

Seeney said business cases were due on December 17, 2012, with announcements of successful projects early in the New Year.

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