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LOCAL GOVERNMENT REGULATION 2012 - REG 34
Estimated activity statement
(1) A local government’s budget must, for each business activity, contain an
estimated activity statement.
(2) An
"estimated activity statement" is a document that states, for the business
activity— (a) the estimated revenue that is payable to— (i) the local
government; or
(ii) anyone else; and
(b) the estimated expenses, including
all items taken into account under the pricing provisions (other than return
on capital); and
(c) the estimated surplus or deficit for the financial year;
and
(d) if community service obligations are to be carried out during the
business activity— (i) a description of the nature of the community service
obligations; and
(ii) the estimated cost of performing the community service
obligations, less the estimated revenue for the community service obligations.
(3) An estimated activity statement may contain a summary of the information
mentioned in subsection (2) , instead of a full statement of the information,
if— (a) the estimated activity statement states it is a summary only and
that a full statement of the information may be— (i) inspected or purchased
at the local government’s public office; and
(ii) inspected on the local
government’s website; and
(b) a full statement of the information can be—
(i) inspected or purchased at the local government’s public office; and
(ii) inspected on the local government’s website.
(4) The price for
purchasing a full statement of the information must be no more than the
reasonable cost to the local government of making the statement available for
purchase.
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