Queensland Consolidated Regulations

LOCAL GOVERNMENT REGULATION 2012 - REG 175

175 Annual operational plan contents

(1) The annual operational plan for a local government must—

(a) be consistent with its annual budget; and

(b) state how the local government will—

(i) progress the implementation of the 5-year corporate plan during the period of the annual operational plan; and

(ii) manage operational risks; and

(c) include an annual performance plan for each commercial business unit of the local government.

(2) An
"annual performance plan" for a commercial business unit is a document stating the following for the financial year—

(a) the unit’s objectives;

(b) the nature and extent of the significant business activity the unit is to conduct;

(c) the unit’s financial and non-financial performance targets;

(d) the nature and extent of the community service obligations the unit must perform;

(e) the cost of, and funding for, the community service obligations;

(f) the unit’s notional capital structure, and treatment of surpluses;

(g) the unit’s proposed major investments;

(h) the unit’s outstanding, and proposed, borrowings;

(i) the unit’s policy on the level and quality of service consumers can expect;

(j) the delegations necessary to allow the unit to exercise autonomy in its commercial activities;

(k) the type of information that the unit’s reports to the local government must contain.

(3) A local government may omit information from the copies of the annual performance plan made available to the public if—

(a) the information is of a commercially sensitive nature to the commercial business unit; and

(b) the information is given to each of the local government’s councillors.

Note—

See also section 171 (Use of information by councillors) of the Act .

(4) The local government may change an annual performance plan for a commercial business unit at any time before the end of the financial year.