The city will soon have a new state of the art library and archives thanks to an injection of $8.7 million in funding from the Commonwealth Government.

Council's successful application for funding through the Government's Building Better Regions program was announced by Member for Parkes, Mark Coulton, this morning.

The funding will be used to commence Stage One of the Library and Cultural Precinct project, which will include construction a new main facility to house the library and archives, the refurbishment of the Town Hall Facade, a new carpark, landscaping, and more.

The new library and refurbished Facade will offer a range of upgrades on the current library, including dedicated spaces for community groups, a separate area for children's activities and families, public meeting rooms, study areas, an exhibition space, and more.