Feedback closes 27November2025
The Draft Restricted Reserves Policy establishes a robust framework to strengthen Council's financial decision-making transparency, and control in the management of restricted reserves. It has been developed in response to internal audit recommendations focused on ensuring legal compliance, oversight and management of externally restricted reserves.
The policy will apply to all Council-managed cash and investments, ensuring that both restricted and unrestricted funds are managed in accordance with legislative, contractual, and strategic requirements.