How do we measure our progress?
The Operational Plan is required to be prepared for each financial year and adopted by council - LGA s 508.
Councils typically arrange for a special meeting of council for presentation of documents for formal ratification by council. These include an Operational Plan, budgets, revenue policy, revenue statements and supplementary papers.
Many councils use this meeting to receive reports about the financial operations and position of council for the previous financial year.
Key steps
Recommended resources
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Step 4.1 Present documents to council's budget meeting
Section 57 of the LGFS 2005 specifies the requirements for documents presented to the budget meeting of council under the LGA Section 521. The document is required to be prepared on an accrual basis and provide details of both estimated and actual revenue and expenses. An explanation of significant differences between estimated and actual figures is also required, together with a statement of any effects this may have on the budget for a later financial year.
For an example of a meeting format for presentation of the Operational Plan and budgets, refer to Case Study 31 - Budget meeting - Caloundra City Council. (
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