Estimated activity statement
34 Estimated activity statement
A local government’s budget must, for each business activity, contain an estimated activity statement.
An estimated activity statement is a document that states, for the business activity—
the estimated revenue that is payable to—
the local government; or
anyone else; and
the estimated expenses, including all items taken into account under the pricing provisions (other than return on capital); and
the estimated surplus or deficit for the financial year; and
if community service obligations are to be carried out during the business activity—
a description of the nature of the community service obligations; and
the estimated cost of performing the community service obligations, less the estimated revenue for the community service obligations.
An estimated activity statement may contain a summary of the information mentioned in subsection (2), instead of a full statement of the information, if—
the estimated activity statement states it is a summary only and that a full statement of the information may be—
inspected or purchased at the local government’s public office; and
inspected on the local government’s website; and
a full statement of the information can be—
inspected or purchased at the local government’s public office; and
inspected on the local government’s website.
The price for purchasing a full statement of the information must be no more than the reasonable cost to the local government of making the statement available for purchase.
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.