Sunday, June 23, 2024

Kiama Council gets to work on three year recovery plan

Kiama Council has received a variation to its Performance Improvement Order (PIO) from the NSW Minister for Local Government, Ron Hoenig.

The varied PIO requires the Council to take a number of actions over the next three years to improve its operating performance.

These include:

  • Implementing a new Strategic Finance and Governance Improvement Plan, to include a three-year financial strategy;
  • Reviewing the timing of service reviews and revenue opportunities to assist moving the surplus budgets;
  • Continue to investigate and pursue opportunities from property holdings and investments.

CEO, Jane Stroud said preparation of the Strategic Finance and Government Improvement Plan had commenced.

“This is a reasonable and well-thought- out intervention by the NSW Government. We simply need to fix our structural deficit and live within our means,” Ms Stroud said.

“The PIO gives a strong mandate to making difficult decisions and binds this Council and the next incoming Council after elections.

“Our latest budget and long-term financial plan are both based on the parameters of the PIO, including delivering a balanced budget.

“The next step is to provide a finalised Strategic Finance and Government Improvement Plan to Councillors for endorsement at their meeting in June,” she said.

The variation to the PIO will be discussed at today’s Extraordinary Council Meeting.

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