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Meeting papers

of 392

Original PDF page 8, section 1. The text section number identifies this passage in the reader.

SPECIAL MEETING                                                                               30 JUNE 2025


J. Rescind the Tenderer Financial Capacity Assessment Policy which has been incorporated into
   the new Procurement Policy
K. Adopt the new Rates Financial Hardship Policy, which is provided as Attachment 10 to this
   report.

Finance
Council borrowing is effectively guaranteed by the State Government, and as such any borrowing
must be approved by the Minister for Department of State Development, Infrastructure and Planning
(in accordance with the Statutory Bodies Financial Arrangements Act 1982).
The Investment Policy (previously Investment of Surplus Funds Policy) encourages diversification
and aims at preservation of capital as a priority over investment returns, thereby minimising risk.

Risk & Opportunities
Failure to effectively comply with legislation regarding the review, update and adoption of required
policies and new policies may compromise effective organisational governance and compromise
Council’s short and long term financial sustainability.

Human Rights
Human Rights Compatibility Statement
In developing this Report, the subject matter has been considered in accordance with the
requirements of the Queensland Human Rights Act 2019. It is considered that the subject matter
does not conflict with any human rights and supports a human rights approach to decision making
by Council. Council representatives will endeavour to act and make decisions under this report in a
manner that is compatible with human rights. This report should be read in conjunction with
Council’s Human Rights Policy.

Consultation
External Consultation - Community & Stakeholder
Nil.


Internal Consultation
Departments consulted:
       Office of the CEO, Mayor &               Community Services              Corporate Services
               Councillors
  X     Mayor & Councillors               X   Director                    X   Director
  X     Chief Executive Officer               Community Development       X   Financial Services
        Executive Officers                    Sport & Active Lifestyles       Fleet
        Community Engagement                  Arts & Culture              X   Revenue Services
        People & Culture                      Community Connection            ICT
        Governance                            Customer Experience         X   Procurement

        Strategy & Environment                Development & Regulation        Infrastructure Services
 X      Director                          X   Director                    X   Director
        Strategic Land Use Planning           Development Assessment          Infrastructure Planning, Design
                                                                              and Delivery
        Economic Development          &       Local Laws                      Civil and Asset operations
        Destination Management
        Environmental Services                Environmental Health            Waste




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