An Ordinary Meeting of the Bega Valley Shire Council will be held at Council Chambers, Biamanga Room Bega Valley Commemorative Civic Centre
1.1 Adoption of 2021-2022 Operational Plan and Budget - Amendments................................... 4
30 June 2021
1.1 Adoption of 2021-2022 Operational Plan and Budget - Amendments................. 4
Council 30 June 2021
The Operational Plan and Budget includes projected financial statement results. A data transfer error was found that has resulted in a number of pages in the attachment to the report needing to be replaced.
Director Business & Governance
That pages 97-108 of “Attachment 2_21_22 Op Plan - FOR ADOPTION” be replaced with the attached “Replacement Pages - Improvement Model Financial Statements”.
Following publishing of Council’s business paper, an error was found in the transfer of data. The item with the greatest impact was the cash at the beginning of the year in the General Fund - Statement of Cash Flows. This has impacted the data in the income statements and cash flow for all funds. The published consolidated cash flow figure was correct at page 96.
The financial statement information included in the “Operational Plan for Adoption” published as an attachment to the Business Paper Agenda has been updated to amend the errors in data flow between the financial statements, this did not impact the consolidated items which transferred correctly only the fund breakdown. Once adopted, pages 97-108 of the plan will be replaced with those that are attached to this report.
This report is not presenting options as it is a correction to data previously published.
Community and Stakeholder Engagement
The Revised Delivery Program 2017-2022 and Operational Plan 2021-2022 once adopted, will be published on Council’s website.
Financial and Resource Considerations
The report to amend the pages of the published operational plan attachment has been prepared within the salaries and budget of Finance and Business and Governance Coordination services.
Local Government Act 1993
Impacts on Strategic/Operational/Asset Management Plan/Risk
6: Strong, Consultative Leadership
6.12: Our Council is financially sustainable and services and facilities meet community need
6.12.5: Improve the provision of corporate financial services
Environment and Climate Change
There are no environmental and climate change impacts as a result of the recommendation of this report.
There are no economic impacts as a result of the recommendation of this report.
The recommendation of this report does not create any strategic risks. The information presented provides support when making decisions that impact Council’s financial position.
Social / Cultural
There are no social or cultural impacts as a result of the recommendation of this report.
1⇩. 2021.06.30 Attachment - Replacement Pages - Improvement Model Financial Statements