The Queensland Reconstruction Authority is now calling for expressions of interest from eligible councils and state agencies to identify priority projects within their communities.
Emergency Management Minister David Littleproud said the $100 million Betterment Fund was part of the $242 million recovery package jointly funded under the Commonwealth-Queensland Disaster Recovery Funding Arrangements.
“The Commonwealth and Queensland Governments moved swiftly to support Queensland communities following the huge floods earlier this year – now we announce the largest ever Betterment Fund of $100 million to enable councils and state agencies rebuild and upgrade key public infrastructure,” Mr. Littleproud said.
“Unfortunately these projects are often repaired just in time to be damaged again during the next weather event, making it harder for communities to build resilience and withstand natural disasters.”
Mr. Littleproud said the Betterment Fund was created to break the cycle and enable councils and state agencies to build bridges, roads, floodways and other essential infrastructure to a more resilient standard.
State Development Minister Cameron Dick said the Betterment Fund was the fourth to be established in Queensland, including a $41.85 million fund following Cyclone Debbie in 2017.
“The 2013, 2015 and 2017 Betterment programs have been a major success, with the majority of projects remaining operational and with little or no damage through subsequent disasters, avoiding millions of dollars in restoration costs,” Mr. Dick said.
“Not only is this the largest pool of funding approved for Betterment projects, it is also the first time funding will be available for both state and local government owned infrastructure.”
In addition to the $100 million Betterment Fund, eligible local governments can also submit expressions of interest under a $14.5 million Water and Sewerage Infrastructure Program to restore infrastructure damaged as a result of the monsoon.