To endorse the revised Budget & Policy Framework Procedure Rules and the revised Financial Regulations.

The Committee received a report seeking approval to recommend to Council the adoption of revised Budget & Policy Framework Procedure Rules and revised Financial Regulations.

The report explained that both documents had been reviewed and updated to ensure they were current and to simplify their content, making them easier for users to understand. The Budget & Policy Framework Procedure Rules set out the process for the adoption and implementation of the Council’s budget and policy framework, while the Financial Regulations provide the framework for managing the Council’s financial affairs.

Recommended to Council –

(1)  That the revised Budget & Policy Framework Procedure Rules, attached as Appendix 1 to the report, be adopted;

(2)  That the revised Financial Regulations, attached as Appendix 2, be adopted.