Council voted to approve the 'Interim COVID-19 Financial Assistance Policy - Local Business Booster' at their June meeting on Wednesday, with the accompanying report showing that around 120 applications were made for the program.
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In April an allocation of $720,000 (2.6 per cent of the 2019/20 rating revenue) was included in the 2019/20 Budget for the purpose of providing relief to those most impacted by the COVID-19 situation.
At Council's May meeting, a resolution was passed to place the Interim COVID-19 Financial Assistance Policy - Local Business Booster on public exhibition and applications were opened. A panel of three Council staff reviewed and assessed the eligibility of the applications.
Two submissions were received for the policy from exhibition, with the suggestion of one taken; to extend the timeframe for the receipt of applications to June 14, in line with the ATO cut-off dates for JobKeeper claims.
Approximately 120 applications for the program were received.
The report to Council's June meeting recommended endorsing the policy and approving financial assistance of $1000 to all qualifying applicants that were eligible.
The criteria required applicants; have an active ABN or ACN; have their main business location within the Mid-Western Region LGA; provide evidence of entitlement to Job Keeper payment (through ATO); have met any previous Mid-Western Regional Council grant acquittal requirements; and complete the online application form by the applicable cut-off time and date.
Successful applicants will have the option to receive their payment either as; a cash payment deposited into their Australian bank account (EFT); or as a credit on their Council property account or sundry debtor account, which can be applied against property rates, charges (such as water, sewer, and waste), or fees.
Payments should be made by June 26.
