Revenue and Financing Policy

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Date of Adoption by Council	31 May 2018
Resolution Number	18/RDC/205
Date by which review must be completed	31 May 2021
Relevant Legislation	Section 102(4) of the Local Government Act 2002
Statutory or Operational Policy	Statutory
Included in the LTP	2018-2028

Section 102(4) of the Local Government Act 2002 requires the Council to adopt a Revenue and Financing Policy, and clause 10 of Schedule 10 of that Act requires this adopted policy to be included in Council’s Long-Term Plan.

The purpose of the revenue and financing policy is twofold.

to state the Council’s policies in respect of funding both operating expenses and capital expenditure from the sources available to it;
to show how the Council has complied with the requirements (of section 101(3) of the Act) to give consideration to six specific issues in developing the policy.

Part A sets out the policy principles and considerations; Part B shows how these have been applied to Council’s nine groups of activities.

This policy is available for downloading below as a separate document.

Revenue and Financing Policy