Financial Sustainability is where an organisation's financial performance and position is sustainable over the long term and in the case of Councils, where planned long-term service and infrastructure levels and standards are met without unplanned increases in rates or disruptive cuts to services."
Victorian Auditor General
The Victorian Auditor General defines financial sustainability as "An entity's ability to manage financial resources so it can meet its current and future spending commitments, while maintaining assets in the condition required to provide services." 3
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Collaborators
The following people have indicated (via the Local Government Collaboration Topics Survey) that they have an interest and/or expertise in the topic of 'financial sustainability' and are willing to collaborate with their peers at other councils to identify challenges and resources relating to the topic and to look for ways to work together to overcome any challenges that are identified.
- Brent Heitbaum (Gannawarra Shire)
- Chris Saunders (Glenelg Shire)
- Daniel O'Shea (Local Government Victoria)
- David Gyford (West Wimmera Shire)
- Hirantha Wanigasundera (City of Moonee Valley)
- Indivar Dhakal (Loddon Shire)
- Kamal Ranaweera (City of Logan)
- Kylie Sergi (Rural City of Mildura)
- Shaan Bajwa (Local Government Victoria)
Contributors
The following site members have contributed to this page: