2026/27 FINANCIAL POLICIES · Report

SPECIAL MEETING                                                                       23 JUNE 2026


        iv. Pursuant to Section 193 of the Local Government Regulation 2012, for the 2026/27
            financial year, the Revenue Policy, provided as Attachment 4 to this report; and
        v. Pursuant to Section 198 of the Local Government Regulation 2012, for the 2026/27
           financial year, the Procurement Policy, provided as Attachment 5 to this report; and
        vi. The General Rates and Charges Concession Policy, provided as Attachment 6 to the
            report; and
        vii. The General Rates and Charges Financial Hardship Policy, provided as Attachment 7 to
             this report; and
        viii. The General Rates and Charges Debt Management and Recovery Policy, provided as
              Attachment 8 to this report; and
        ix. The Management of Restricted Cash Policy, provided as Attachment 9 to the report; and
        x. The Financial Securities (Bonds and Guarantees) Policy, provided as Attachment 10 to
           the report; and
        xi. The Entertainment and Hospitality Expenditure Policy, provided as Attachment 11 to the
            report; and
        xii. The Non-Current Asset Accounting Policy, provided as Attachment 12 to the report; and
        xiii. The Asset Management Policy, provided as Attachment 13 to the report.


REPORT
Sections 191,192, 193 and 198 of the Local Government Regulation 2012 (the Regulation) require
Council to prepare and adopt an Investment Policy, Debt Policy, Revenue Policy and Procurement
Policy. While the remainder of the policies outlined below are not specifically required under
legislation, they reflect best practice policy governance and audit recommendations and as such are
now embedded as essential Noosa policies to reinforce Council’s commitment to the prudent and
sustainable financial management of Council’s resources on behalf of our community.

A. Financial Sustainability Policy
The Financial Sustainability Policy (Attachment 1) outlines the financial framework that Council will
work within to ensure that community capital is protected and that Council will continue to meet its
financial sustainability targets into the future. The policy references the performance measures
articulated in the Queensland Local Government Sustainability Framework.

In line with Council's Corporate Plan objectives, the policy includes reference to Council's
commitment to the incorporation of environmental, social and governance (ESG) into its financial
reporting, disclosures and pricing frameworks over the coming years.

The Financial Sustainability Policy has been reviewed and remains current.

B. Investment Policy
In accordance with Section 191(1) of the Regulation, Council must prepare and adopt an investment
policy. The Investment Policy (Attachment 2) outlines Council's investment objectives, overall risk
philosophy and procedures for achieving the goals relating to investments stated in the policy.

The Investment Policy has been reviewed and remains current with only minor changes being made.

C. Debt Policy
In accordance with Section 192(1) of the Regulation, Council must prepare and adopt a debt policy
for each financial year. The Debt Policy (Attachment 3) must also state new borrowings for the
current financial year and the next nine years and also state the time over which Council plans to
repay existing and new borrowings. New debt will generally only be incurred for capital projects