3000 kb - Mid Western Regional Council - NSW Government

• Identify financial and other resources required to operate these services on
a commercial basis;
• Provide a long term price path for each service;
• Assist in development of an affordable capital works program;
• Enable Council to model ‘what-if’ scenarios and see their rating impact; and
• Allow future financial performance indicators to be calculated, such as
return on capital invested.
Strategic Business Plans are considered desirable for all councils but specifically DWE
has now made them a prerequisite for the provision of financial assistance. Some other
drivers for the production of strategic business plans include the need to meet
requirements from:
• Department of Local Government (DLG) – Competitive neutrality;
• Council of Australian Governments (COAG) – National water Reform,
National competition policy;
• Local Government and Shires Associations (LGSA) – Benchmarking; and
• Independent Pricing and Regulatory Tribunal (IPART) – Pricing Principles.
The Plan also communicates scheme information to stakeholders and demonstrates that
the scheme is being well managed.
Planning Cycle
Management
Report
Annual
Report
Capital
Works
Financial Accounts
Audit
Financial
Review
SBP
Review
Budget
Management Plan
July October January March June
Financial Report
Page 2 Introduction Mid-Western Regional Council
Strategic Business Plan for Sewerage