Other finance policies

Council's Revenue and Financing Policy

Council's Revenue and Financing Policy shows how Council's operational and capital expenditure will be funded or financed for each significant service.

The policy has been revised in accordance with the provisions of Sections 101–103 of the Local Government Act 2002 covering activity analysis and funding mechanisms.

Council's Liability Management Policy

Council's Liability Management Policy sets out how Council will manage its borrowing, funding and interest rate risks, recognising that Council is a net borrower for the foreseeable future. The policy guides Council on the specific borrowing limits and funding facilities, debt repayment parameters, credit exposure and foreign exchange risk management.

The Policy includes revised debt performance targets and funding and interest rate risk limits in accordance with Council's independent treasury advisors' recommendations.

Council's Funding Impact Statement

Council's Funding Impact Statement discloses the revenue, operational and capital expenditure requirements and funding sources/financing mechanisms of Council. It sets out how Council will determine the setting and collecting of rates, types of rates, rate systems, differential rating, and rating levels for the 2006/07 financial year.

Full copies of these policies and statement are contained in Volume II of Council's 2006-16 Long-Term Plan.

• Council's Long-Term Plan 2006-16 - Vol II Full navigable document (3.2 MB, 8 min download on 56k modem)