Draft Borrowing Policy

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Consultation has concluded. Thank you to everyone who provided feedback, it will be considered in the final document

The Draft Borrowing Policy has been developed to provide clear guidelines and information for Council officers and Councillors. The purpose of the policy is to detail the principles upon which Council bases its decisions when considering any type of expenditure to be funded by borrowing.

Council’s policy position is that long-term borrowing will only be utilised for capital improvements that cannot be financed from existing sources, or for income-producing assets or assets that can be matched to a revenue stream. Borrowing will not be used to finance current operations.

the Policy has been developed to ensure compliance with legislative requirements contained in the Local Government Act 1993, the Local Government (General) Regulation 2005 and other statutory and legislative requirements.

We invite you to have your say on our Draft Borrowing Policy using the feedback form below:

Submissions close on 3 September 2020

Important information regarding your submission

Written submissions may be attached to the public report that is submitted to Council, unless you explicitly request you do not wish this to occur. They are subject to the Government Information (Public Access) Act 2009 and the Privacy and Personal Information Protection Act (PIPPA).

The Draft Borrowing Policy has been developed to provide clear guidelines and information for Council officers and Councillors. The purpose of the policy is to detail the principles upon which Council bases its decisions when considering any type of expenditure to be funded by borrowing.

Council’s policy position is that long-term borrowing will only be utilised for capital improvements that cannot be financed from existing sources, or for income-producing assets or assets that can be matched to a revenue stream. Borrowing will not be used to finance current operations.

the Policy has been developed to ensure compliance with legislative requirements contained in the Local Government Act 1993, the Local Government (General) Regulation 2005 and other statutory and legislative requirements.

We invite you to have your say on our Draft Borrowing Policy using the feedback form below:

Submissions close on 3 September 2020

Important information regarding your submission

Written submissions may be attached to the public report that is submitted to Council, unless you explicitly request you do not wish this to occur. They are subject to the Government Information (Public Access) Act 2009 and the Privacy and Personal Information Protection Act (PIPPA).

  • CLOSED: This survey has concluded.

    Thanks for taking the time to have your say on our Draft Borrowing Policy

    Please provide your comments below

    Consultation has concluded. Thank you to everyone who provided feedback, it will be considered in the final document

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