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Item 4.1.2026-06-23 · SpecialOfficial item record

2026/27 Financial Policies

Final resolution: Carried

That Council A. Note the report by the Financial Services Manager to the Special Meeting dated 23 June 2026; and B. Adopt the following: i. The Financial Sustainability Policy, provided as Attachment 1 to this … Full wording ↓

For 7: Amelia Lorentson, Tom Wegener, Jessica Phillips, Nicola Wilson, Brian Stockwell, Karen Finzel, Frank Wilkie.

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What was decided?

Final supported resolution

That Council 

A. Note the report by the Financial Services Manager to the Special Meeting dated 23 June 2026; and 

B. Adopt the following:

i. The Financial Sustainability Policy, provided as Attachment 1 to this report; and

ii. Pursuant to Section 191 of the Local Government Regulation 2012, for the 2026/27 financial year, the Investment Policy provided as Attachment 2 to this report; and

iii. Pursuant to Section 192 of the Local Government Regulation 2012, for the 2026/27 financial year, the Debt Policy, provided as Attachment 3 to this report; and

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.

Carried.

Official item minutes · Event 1

1Council ResolutionCarried

Moved: Karen Finzel · Seconded: Amelia Lorentson

That Council 

A. Note the report by the Financial Services Manager to the Special Meeting dated 23 June 2026; and 

B. Adopt the following:

i. The Financial Sustainability Policy, provided as Attachment 1 to this report; and

ii. Pursuant to Section 191 of the Local Government Regulation 2012, for the 2026/27 financial year, the Investment Policy provided as Attachment 2 to this report; and

iii. Pursuant to Section 192 of the Local Government Regulation 2012, for the 2026/27 financial year, the Debt Policy, provided as Attachment 3 to this report; and

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.

Carried.

For 7 named

Amelia LorentsonTom WegenerJessica PhillipsNicola WilsonBrian StockwellKaren FinzelFrank Wilkie

Against 0 named

No names recorded on this side.

Official minutes · section 1

Read complete item-specific minutes
Council Resolution
Moved:Cr Karen Finzel
Seconded:Cr Amelia Lorentson
That Council 
  1. Note the report by the Financial Services Manager to the Special Meeting dated 23 June 2026; and 
  2. Adopt the following:
    1. The Financial Sustainability Policy, provided as Attachment 1 to this report; and
    2. Pursuant to Section 191 of the Local Government Regulation 2012, for the 2026/27 financial year, the Investment Policy provided as Attachment 2 to this report; and
    3. Pursuant to Section 192 of the Local Government Regulation 2012, for the 2026/27 financial year, the Debt Policy, provided as Attachment 3 to this report; and
    4. 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
    5. 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
    6. The General Rates and Charges Concession Policy, provided as Attachment 6 to the report; and
    7. The General Rates and Charges Financial Hardship Policy, provided as Attachment 7 to this report; and
    8. The General Rates and Charges Debt Management and Recovery Policy, provided as Attachment 8 to this report; and
    9. The Management of Restricted Cash Policy, provided as Attachment 9 to the report; and
    10. The Financial Securities (Bonds and Guarantees) Policy, provided as Attachment 10 to the report; and
    11. The Entertainment and Hospitality Expenditure Policy, provided as Attachment 11 to the report; and
    12. The Non-Current Asset Accounting Policy, provided as Attachment 12 to the report; and
    13. The Asset Management Policy, provided as Attachment 13 to the report.
Carried.
 For:Cr Frank Wilkie, Cr Karen Finzel, Cr Jessica Phillips, Cr Amelia Lorentson, Cr Brian Stockwell, Cr Tom Wegener, Cr Nicola Wilson
 Against:None


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