Strategic Finanical Management Commitee

Role of the Committee

Promote and advocate sound financial management within the City and provide advice to the Council on strategic financial management issues.
In particular advise Council on:
- How funding can be achieved for any major capital works project before the Council makes a commitment to a project;
- Levels of service delivery – determine:
  - Which services to be provided;
  - Standards of service. Such standard will be determined with reference to:
  - Best industry practice standards where applicable;
  - Internally agreed standards which will be determined with reference to local community expectations;
- Preparation of the Strategic Plan with high priority being given to ensure that the Plan is achievable in the long term;
- Consideration of public submissions to the Strategic Plan;
- Final acceptance of the Strategic Plan;
Policy development and review of policies with financial implications for the City.