The framework aims to develop a nationally consistent approach to financial planning and reporting and to set out the elements of the national framework.
On 8 May 2009 the LGPMC agreed to enhance the nationally consistent frameworks on local government asset and financial management frameworks to assist councils improve their asset and financial management and planning. They also committed to the acceleration of the implementation of the frameworks. (Presumably the Local Government Reform Fund is the monetary embodiment of this commitment.)
ACELG is developing a National Sustainability Framework for Financial Planning & Reporting & Asset Planning & Management
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