Council will abide by LGA section 146 whereby money cannot be borrowed unless details of the proposed borrowings are included in the annual budget or revised budget. Policy Review The Policy and Borrowing Strategy will be reviewed annually during budget development and endorsed by Council. The review will include advice from appropriate financial institutions. Access The community will be able to access information about borrowings from website in the annual budget and annual report documents. Council’s QUALITY RECORDS Quality Records shall be retained for at least the period shown below. Record Retention/Disposal Retention Location Responsibility Period Adopted Budget Manager Financial Corporate Records – Services ATTACHMENTS - none
Council will abide by LGA section 146 whereby money cannot be borrowed unless details of the proposed borrowings are included in the annual budget or revised budget. Policy Review The Policy and Borrowing Strategy will be reviewed annually during budget development and endorsed by Council. The review will include advice from appropriate financial institutions. Access The community will be able to access information about borrowings from Council’s website in the annual budget and annual report documents. QUALITY RECORDS Quality Records shall be retained for at least the period shown below. Record Retention/Disposal Responsibility Retention Period Location Adopted Budget Manager – Financial Services Corporate Records ATTACHMENTS - none
8d4915079c6ef86-councilpolicycpl510.4-borrowingpolicy.DOCX