2022-09-12 General Committee Meeting Agenda

GENERAL COMMITTEE MEETING AGENDA                                                 12 SEPTEMBER 2022


   Finance
   As above.
   Risks & Opportunities
   Council’s risk register identifies a number of risks that could impact on its ongoing financial
   sustainability. In order to manage and mitigate these risks Council uses various tools which
   include monthly ongoing financial reporting to identify and address emerging issues,
   conservative budgeting, compliance with the Financial Sustainability Policy, regular budget
   reviews, effective liquidity management to ensure sufficient fiscal flexibility, as well as
   adhering to the Reserves and Restricted Cash policy which requires that Council maintains
   both a disaster management reserve and a minimum 3 months cash cover to fund emergent
   matters.
   Some examples of potential risks that may impact on Council’s operational performance,
   capital program delivery, cashflow and cash reserves include:
           Substantial damage to or failure of Council infrastructure due to natural disaster or
            other emergent issue that may require significant unplanned investment;
           Closure of Council facilities due to ongoing Covid 19 restrictions;
           A prolonged IT system failure affecting Council’s ability to deliver services or issue
            rates notices;
           Economic conditions affecting ratepayers’ ability to pay rates;
           Market driven increases in construction and operational costs significantly above
            estimates;
           Labour and material shortages and delays.
   Consultation
   External Consultation - Community & Stakeholder
   Nil.
   Internal Consultation
   All areas of Council are consulted as part of the regular monitoring of budget performance.
   Departments/Sections Consulted:

       X   Chief Executive Officer   X   Community Services                       X   Corporate Services
           Executive Support             Director                                 X   Director
                                         Community Development                    X   Financial Services
                                         Community Facilities                         Fleet
                                         Libraries & Galleries                        ICT
                                         Local Laws                                   Procurement
                                         Waste & Environmental Health                 Property
                                                                                      Revenue Services

       X   Executive Services        X   Environment & Sustainable Development    X   Infrastructure Services
           Director                      Director                                     Director
           Community Engagement          Building & Plumbing Services                 Asset Management
           Customer Service              Development Assessment                       Buildings and Facilities
           Governance                    Economic Development                         Civil Operations
           People and Culture            Environmental Services                       Disaster Management
                                         Strategic Land Use Planning                  Infrastructure Planning,
                                                                                      Design and Delivery




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