(b) The Department of Economic Development, Jobs, Transport & Resources has advised the excess approved funding of approximately $1.1 million is expected to be managed through future savings of the RGF. Key observations from file reviews are shown in Figure 2D. The PLFP process was more objective with a clear rating of the overall application. Murray-Darling Basin Regional Economic Diversification Program. Direct jobs are created as a direct result of the project.
Inclusion of the private sector in the grants process increases the need for robust assessments of value for money, to ensure transparent and soundly-based decision-making. ', The level of documentation has improved since the. The department provided gas to the towns identified in the EFR program in three ways: RDV initiated direct negotiations in 2011 to invite distributors to provide natural gas to the 15 initially planned towns. Independent committees drawing membership from local councils, businesses and communities that made recommendations for the PLFP.
Figure 1D These have primarily focused on developing infrastructure to drive economic development, and on empowering and developing regional communities. The Model provides more details of the need and rationale for the RGF and outlines the challenges for regional Victoria, such as structural adjustment to industry and social disadvantage. However, no evidence of this was available. The lack of data on potential applicants makes it difficult to assess if the best value for money projects were funded. Regional Victoria is an integral part of Victoria's economy. This has precluded an examination of whether the pre-application process was fair and appropriate. The Local Government Infrastructure Program (LGIP) was a $100 million initiative that aimed to provide regional and rural councils with certainty to plan for, and build, new public infrastructure or to renew assets. The measures should be developed prior to starting any project. A more organised structure was introduced. Claiming the jobs of an entire company as jobs retained in such projects is not an accurate reflection of the impact of the RGF. Figure 3D The total cost of the audit was $350 000. Five more outcomes-based KPMs were added that focused on community development, local planning and developing local leadership.
This means the RGF leveraged $1.5 billion in funds, a ratio of $3 for every RGF dollar. A number of place-based programs were also administered through the EIP.
An interdepartmental committee that had representation from other departments, including Department of Treasury and Finance, and Department of Premier and Cabinet. The EFR program was a major component of the EIP with allocated funding of approximately $123 million—42 per cent of the EIP. Going forward, the department is applying the
However, lack of documentation of the pre-application process means RDV cannot demonstrate this for the major infrastructure component. Regional Strategic Plans (RSP) are prepared by community based committees including local government, community groups, and other stakeholders—including businesses. Approximately a quarter of Victorians live in regional areas where the population is projected to grow from 1.48 million to 2.91 million by 2036.
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