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Strategic Objective 5 - Responsible Corporate Governance

Financial Sustainability

Financial Sustainability

The Council Plan, which is developed at least every 4 years, includes a Strategic Resource Plan which identifies the financial and other resources required to achieve the objectives set out in the Council Plan for the next 4 years.

Council's Strategic Resource Plan, adopted in June 2006, included a Financial Plan based on ensuring the long-term financial stability and viability of the City. Key objectives include a four-year operating and capital works expenditure program and associated rating and revenue strategies to ensure Council's strong financial position is maintained along with a modest debt level at $10M.

As part of the Financial Plan, Council adopted a set of strategies, which underpin the financial management of Council. Council's financial performance for 2006/07 is evaluated below in terms of its alignment with these strategies.


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Published: 22 November 2007

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