2018-04-26 Special Meeting Agenda

SPECIAL MEETING AGENDA   26 APRIL 2018




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SPECIAL MEETING AGENDA                                                              26 APRIL 2018

  Enclosure 2
  FURTHER ADVICE FOR THE NOOSA SHIRE COUNCIL’S CONSIDERATION OF THE
  PROPOSED LOCAL GOVERNMENT INFRASTRUCTURE PLAN (LGIP)

  The following further advice is given to the Noosa Shire Council for its consideration, so that
  it may further revise and refine the proposed LGIP:
   1.    A valuable output of a LGIP is information about the cash flow projections which
         compares future infrastructure charges revenue to expenditure. In this regard, the state
         sets the maximum charges that a local government may levy for the provision of trunk
         infrastructure. Where expenditure exceeds the revenue from infrastructure charges,
         the local government has to consider options to manage it. Any shortfall in charges
         revenue to cover expenditure will have to be recovered from other sources such as
         rates.
   2.    The LGIP preparation process seeks to take into account the inter-relationships and
         alignment between the LGIP, future growth, Asset Management Plans (AMP) and
         Long-Term Financial Forecasts (LTFF). Within this framework, local governments are
         required to strategically consider and manage the provision and funding of trunk
         infrastructure in their local government area, in an efficient and financially sustainable
         manner. To achieve this over time, local governments are encouraged to undertake
         regular reviews to ensure ongoing alignment of its LGIP, AMP and LTFF.

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