Minutes of the ordinary Council meeting - 25 September 2012

and local government should not expect to remain unscathed. Retaining the funds
for one year will have a short term impact, but will still require Kempsey Shire
Council to make adjustments to its finances for the medium and longer terms.
The current approach being taken is to review the budget to identify whether there
are any efficiency savings that may be able to be pulled forward to allow for this
year‟s services. The overall drop in revenue will then have to be factored into the
long term estimates for future years and a decision made on the appropriate
response.
GOAL 5:
To Ensure Leadership and Effective, Efficient Accountable
Management
5.1 Statement of Cash and Investments File: 303
SUMMARY
Reporting on the statement of bank balances and investments.
2012. 298 RESOLVED: Moved: Cl. Saul
Seconded: Cl. Green
That the information be noted.
RECOMMENDATION IMPLICATIONS
Environmental, Social, Policy or Statutory, Economic (Financial): Nil
REPORT DETAILS
The Local Government Act 1993 requires that council be notified at each ordinary
meeting of details of all monies invested by Council.
A statement of balances is shown in (Appendix A – Page CM1).
The statement of investments is shown in (Appendix B – Page CM2).
5.2 Delegation of Authority Procedure
5312 DBH
SUMMARY
To adopt Delegations of Authority Procedure for the Mayor, General Manager and
Committees of Council.
2012. 299 RESOLVED: Moved: Cl. Green
Seconded: Cl. Williams
Kempsey Shire Council FULL TEXT Minutes Ordinary Meeting 25 September 2012 Page 84