The Local Government Act 1993 (the Act) requires all councils to undertake long-term community and corporate planning and reporting activities using the Integrated Planning and Reporting (IP&R) framework. The IP&R framework provides for the interrelationship between the Community Strategic Plan, Delivery Program, Resourcing Strategy and annual Operational plans.
According to the framework, these documents are required to be reviewed and updated by the incoming Council following an ordinary Local Government election. The Long-Term Financial Plan is a ten-year plan that is used to inform decision-making during the preparation and finalisation of the Community Strategic Plan and the development of the Delivery Program.
In developing the Long Term Financial Plan, due regard must be given to promoting the financial sustainability of the Council through:
- The progressive elimination of operating deficits
- The establishment of a clear revenue path for all rates linked to specific expenditure proposals, ensuring that any proposed increase in services and/or assets is within the financial means of the Council including a proposed Special Rate Variation
- Ensuring the adequate funding of infrastructure maintenance and renewal,
- The use of borrowing, where appropriate and financially responsible, and
- The fair and equitable distribution of the rate burden across all rate payers.
On Tuesday 17 May 2022, Council endorsed the Draft Long-Term Financial Plan 2022-2032 for public exhibition. We are now inviting the community to provide feedback on the Draft Long-Term Financial Plan.
To have your say, please review the Draft Long-Term Finanicial Plan and share any comments you have via Council's Your Say Parkes engagement platform.
Alternatively, you can send your comments via email to firstname.lastname@example.org, or by mail to:
The General Manager, Parkes Shire Council PO Box 337 Parkes NSW 2870.
The public exhibition period will conclude close of business Tuesday 14 June 2022.
Council welcomes and encourages your feedback.