Revenue and Financing Policy Listen Date of Adoption by Council31 May 2018Resolution Number18/RDC/205Date by which review must be completed31 May 2021Relevant LegislationSection 102(4) of the Local Government Act 2002Statutory or Operational PolicyStatutoryIncluded in the LTP2018-2028Section 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
