Under section 91 of the Local Government Act 2020, the Council must develop and adopt a financial plan to provide a long-term view of the resources that are expected to be available to Council and the proposed/predicted application/use of those resources over a 10-year period.

The Financial Plan should cover all aspects of the Council’s role, including services/operations and capital investment/assets. It should also describe the proposed sources of funds it proposes to have access to and include all the high-level assumptions under-pinning the Plan.

The Financial Plan shows how the viability and financial sustainability of Council will be achieved over the 10-year period. In the shorter term (up to four years), it should show the resources required to implement the Council Plan and other legislated responsibilities.

The Council’s first financial plan was adopted on 27 October 2021.