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2022-03-30 Special Meeting Minutes
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SPECIAL MEETING MINUTES 30 MARCH 2022
Page 31 of 49
SPECIAL MEETING MINUTES 30 MARCH 2022
- Sets Council's Financial Principles
1. Council operates efficiently and effectively, minimising rate rises
2. Full cost pricing compliance for Council business activities.
3. Operating surpluses to ensure Council's equity is not degraded.
4. Appropriate cash funds for ongoing infrastructure and asset renewal.
5. Future trunk infrastructure financial obligations can be met.
6. Informed decisions are made on new operating or capital proposals.
7. Infrastructure and assets are maintained to required service levels.
8. Debt levels minimised, and returns on cash holdings maximised.
9. Achieving all of the minimum financial sustainability benchmarks.
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