2026/27 FINANCIAL POLICIES · Report

SPECIAL MEETING                                                                            23 JUNE 2026


Previous Council Consideration
Special Meeting 30 June 2025 - 2025/26 Budget Adoption.


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/or new policies may compromise effective organisational governance and compromise
Council’s short- and long-term financial sustainability.


Human Rights
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
These financial policies incorporated into this report were reviewed in consultation with relevant
branch managers. No external consultation was undertaken in the development of this report.
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 Connection        X   Financial Services
      Executive Officers                  Sport & Active Lifestyles   X   Revenue Services
      Community Engagement                Arts & Culture                  ICT
      Governance                          Customer Experience         X   Procurement

                                                                          People & Culture
      Strategy & Environment              Development & Regulation        Infrastructure Services
 X    Director                        X   Director                    X   Director
      Strategy & Sustainability           Development Assessment          Civil and Asset operations
      Economic Development        &                                       Infrastructure Planning, Design
                                          Local Laws
      Destination Management                                              and Delivery
      Environmental Services              Environmental Health            Waste
      Innovation & Digital Hub            Building & Plumbing             Building & Facilities