Draft Financial Reserves Policy
Consultation has concluded
At the Extraordinary Council meeting in June 2022, Council adopted a Financial Reserves Policy. The Financial Reserves policy formally documented the reserves that Council should maintain in managing its funding sources.
In developing the 2023/24 Operational Plan and Budget, Council is reviewing its reporting formats to report on Services aligned to Council’s organisational structure. In providing this revised information, a review of Council’s Financial Reserves Policy has been conducted to align Council’s reserves to ensure funding of each service is captured accurately.
At it's meeting on 15 March 2023, Council resolved to place the draft Financial Reserves Policy on public exhibition for 28 days.
On 15 March 2023, Council resolved
THAT:
1. Council receive and note the report.
2. The draft Financial Reserves Policy be placed on public exhibition for 28 days with a view of tabling a further report after the exhibition period, only if feedback is received.
Have your say by 4.30 pm Friday 28 April 2023
- The draft Financial Reserves Policy can be viewed online in the Document Library or in printed format at Council libraries.
- To make a submission, complete an online form, email mail@wsc.nsw.gov.au or write to Wingecarribee Shire Council, PO Box 141, Moss Vale 2577
- All submissions must be received by 4.30 pm Friday 28 April 2023.
- Ask a question or contact the Finance Team by email mail@wsc.nsw.gov.au or on 02 4868 0888.
