Future Fund Advocacy Goals on the Agenda

Published on 08 February 2019

Snowy Valleys Council and Snowy Monaro Regional Council will be using tomorrow’s Tumbatrek as an opportunity to re-inforce some mutual advocacy goals.

“One of the key projects we’re advocating for is the establishment of a Snowy Hydro Future Fund,” said Snowy Valleys Mayor, Cr James Hayes.

“Our goal is to have the $600M portion of the Snowy Hydro Legacy Fund used to establish a Future Fund for the Local Government Areas of Snowy Valleys and Snowy Monaro Regional Councils,” he said. 

“This Futures Fund would preserve the capital component of the monies and make the earnings from the fund available for infrastructure and social capital projects in the two Council areas”.

Both Councils are already living the Snowy Hydro legacy.

“We are committed to learning from the original Snowy Scheme and building for the future Snowy 2.0 to enhance the region’s economic development prospects,” Cr Hayes said.

Snowy Valleys Council adopted its Advocacy Plan in December 2018 to ensure a sustained approach to securing funding and support for eleven priority projects in the lead up to the 2019 State and Federal Government elections.

To download the full SVC Advocacy Plan visit Council’s website www.svc.nsw.gov.au/advocacy-plan

Tumbatrek is a bushwalk organised by Snowy Valleys Council each year to showcase the beautiful Snowy Mountains region.  It offers a fantastic opportunity for community and government leaders to join together and discuss matters in an informal setting while experiencing the beautiful landscape of the area. 

Tumbatrek 2019 is being held on Saturday 9 February 2019 in Tumbarumba.