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Draft Borrowing Policy

To fulfil the statutory requirements of the Local Government Act 1993, Bland Shire Council hereby gives notice of public exhibition of its draft Borrowing Policy.

Objectives and coverage of the Borrowing Policy is to ensure that the use and management of Councils borrowings (including overdraft facilities) -

* Complies with the Ministerial Revised Borrowing Order dated 13 May 2009;

* Is undertaken with due regard for Council’s role as a custodian of public funds;

* Is undertaken with the care, diligence and skill that a prudent person would exercise in managing the affairs of other persons; and

* Complies with Council’s overall risk management philosophy.

The Borrowing Policy is on exhibition from Wednesday 16 May 2018 to 5.00 pm Thursday 14 June 2018. The Borrowing Policy can be viewed HERE, at Council’s Administration Building, 6 Shire St West Wyalong during normal business hours or by clicking on the below link.

Written submissions to the Borrowing Policy should be received by Council by 5.00 pm Thursday 14 June 2018, and be addressed to General Manager, Bland Shire Council,

PO Box 21, West Wyalong or via email to council@blandshire.nsw.gov.au

For further information please contact Council’s Director of Corporate, Community, Development and Regulatory Services on 02 6972 2266.