Published on Thursday, 9 May 2019 at 12:00:00 AM
The Department of Local Government has announced the most recent outcomes of their Financial Health Indicator, which sees the Shire of Ashburton having achieved a positive scorecard which is well above the average.
The Financial Health Indicator is, in essence, a scorecard of budget management rather than a scale of wealth. It assists the Department of Local Government to monitor how well each Council is managing their financial responsibilities including budget planning, cashflow, expenditure and debt.
These latest performance indicators give the Shire a score of 89/100 for the last financial year, an improvement from the previous score of 67/100. This achievement reflects the dedicated focus by Council and Shire Staff on developing a framework of improved processes and planning to ensure a sustainable future for our region.
Shire President Kerry White says the Shire of Ashburton is proud to have earned a high score which reinforces our commitment to effective financial planning, particularly within an increasingly tight fiscal environment.
“The focus of Council, and that of the Shire, is to continue to identify opportunities for the effective management of the Shire’s finances, which includes the sustainability of our assets and striving to provide exemplary services to our community and customers,” said Cr White.
“It needs to be recognised that the Shire of Ashburton is unique amongst local governments due to its size, number of towns, road infrastructure and compelling environment. We will continue to prioritise our spending and to make financial decisions that will serve us all well into the future.”
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