Annual budgets
201 Annual budgets
A council must prepare a budget for each financial year.
The budget for a particular financial year must:
outline:
the council's objectives for the relevant financial year; and
(ii) the measures the council proposes to take, during the financial year, towards achieving those objectives; and
(iii) the indicators the council intends to use as a means of assessing its efficiency in achieving its objectives; and
(b) contain the projected statement of income and expenditure for the financial year, differentiating between operating and capital expenditure; and
(c) list the council's fees for services and the estimates of revenue from each of those fees; and
(d) state the amount to be allocated to the development and maintenance of infrastructure for the financial year; and
(e) state the amount the council proposes to raise by way of rates, and set out the rates structure, for the financial year; and
(f) include an assessment of the social and economic effects of its rating policies; and
(g) state the allowances for members of the council for the financial year and the amount budgeted to cover payment of those allowances; and
(h) separately provide for a budget for each local authority established by the council (if any); and
(ha) include any other information required by any guidelines that the Minister may make or as prescribed by regulation; and
(i) be in a form required by any guidelines that the Minister may make or as prescribed by regulation.
This provision refers to the regulations (prescribed by regulation
). Made under this Act:
- Alice Springs (Animal Management) By-Laws 2008 · Regulation
- Alice Springs (Aquatic and Leisure Centre) By-Laws 2011 · Regulation
- Alice Springs (Council Meetings and Procedures) By-Laws 1987 · Regulation
33 more instruments made under this Act are listed on the Act’s overview.
This Act’s bill:Explanatory statementSecond reading speech
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