2015-06-29 Special Meeting Minutes

SPECIAL MEETING MINUTES                                                          29 JUNE 2015


    2015/16 BUDGET
    Council Resolution

    Moved:          Cr Wilkie
    Seconded:       Cr Bolton

    That Council:
    1.   Adopt the Financial Sustainability Policy, which is provided as Attachment 2.
    2.   Pursuant to section 192 of the Local Government Regulation, adopt for the 2015/16
         financial year an Investment of Council Funds Policy, which is provided as
         Attachment 3.
    3.   Pursuant to section 192 of the Local Government Regulation, adopt for the 2015/16
         financial year a Debt Management Policy, which is provided as Attachment 4.
    4.   Pursuant to section 169(2) of the Local Government Regulation, adopt for the 2015/16
         financial year:
         a)    a Revenue Policy, which is provided as Attachment 5;
         b)    a Revenue Statement, which is provided as Attachment 6; and
         c)    the long-term financial forecast for the period 2015/16 to 2024/25, which is
               provided as part of Attachment 7.
    5.   Pursuant to section 169(1)(b) of the Local Government Regulation, adopt for the
         2015/16 financial year:
         a)   the statement of comprehensive income
         b)   the statement of financial position;
         c)   the statement of cash flow;
         d)   the statement of changes in equity; and
         e)   details of financial sustainability ratios,
         which are provided as Attachment 7.
    6.   Pursuant to section 169(6) of the Local Government Regulation, determines that the
         total value of the change in the rates and utility charges levied for the financial year
         compared with the rates and utility charges levied in the previous budget is 1.8% as
         set out in Attachment 8.
    7.   Pursuant to section 80 and section 81(3)(a) of the Local Government Regulation 2012,
         for the 2015/16 financial year:
         a)     adopt a differential rating system; and
         b)     resolve that the different categories of rateable land and a description of those
                categories are as stated in Table 1 of the Revenue Statement.
    8.   Pursuant to section 94(1)(a) of the Local Government Act and section 80 of the Local
         Government Regulation, levy, for the 2015/16 financial year, general rates on all
         rateable land in the local government area at the differential general rate set out for
         each category of rateable land in Table 2 of the Revenue Statement.
    9.   Pursuant to section 77(1) of the Local Government Regulation, fix a minimum general
         rate for each category of rateable land in the amounts set out in Table 2 of the Revenue
         Statement.


                       This is not an official copy of Council’s Minutes
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