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In May 2006 the State and Territory Ministers for Local Government met to discuss issues concerning the financial sustainability of local government. The meeting determined that a series of nationally consistent Frameworks on financial sustainability measures would be developed. Three Frameworks have been developed:
At its meeting on 20 October 2006, the Council agreed that each State and Territory would consult with local government and other relevant bodies about the frameworks, and how they could be applied within their respective jurisdictions. At the meeting of 26 March 2007, the Council endorsed these nationally consistent frameworks and agreed that each State and Territory government apply the frameworks in the context of their relationships with their local government sectors. These frameworks aim to provide a consistent reporting mechanism for all local government authorities and a clearer picture for State and Territory governments of the financial and management "health" of local governments.
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Last Updated: 8 May, 2007 |
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