Council Finances

GC-149 2020-21 Financial Assistance Grants (FAGs) – advance payment

Category: Grants Commission Circular to Councils Status: Active Circular Details: GC 149 / 27 May 2020 / A701633Contact: Helen Pearce – 02 4428 4131 / helen.pearce@olg.nsw.gov.au Previous Circular: NilAttachments:  2020-21 Financial Assistance Grants – Advance Payment Advice – Federal Grant Allocations Who...

20-19 Information about Ratings 2020-21

Category: Circular to Councils Status: Active Circular Details: 20-19 / 26 May 2020 / A702258 Contact: Performance Team (02) 4428 4100 / olg@olg.nsw.gov.au Previous Circular: 19-05 Attachments:  Nil Who should read this:  Councillors / General Managers / Council staff Action required:  Information...

20-16 COVID-19 Economic Stimulus Package

Category: Circular to Councils Status: Active Circular Details: 20-16 / 13 May 2020 / A702650 Contact: Performance Team and Council Engagement Team / 02 4428 4100 / olg@olg.nsw.gov.au Previous Circular: Nil Attachments: Nil Who should read this: General Managers and Responsible Accounting...

20-12 Modification of statutory requirements in response to the COVID-19 pandemic

Category: Circular to Councils Status: Active Circular Details: 20-12/ 17 April 2020 / A696830 Contact: Council Performance Team / 02 4428 4100 / olg@olg.nsw.gov.au Previous Circular: 20-06 Novel Coronavirus COVID-19 Development Updates Attachments: Nil Who should read this: General Managers / Finance,...

20-11 Final Code of Accounting Practice and Financial Reporting (update 28) including Joint Organisations Supplement

Category: Circular to Councils Status: Active Circular Details: 20-11 / 30 March 2020 / A691689 Contact: Policy Team / (02) 4428 4100 / code@olg.nsw.gov.au Previous Circular: 19-04 – Final Code of Accounting Practice and Financial Reporting (update 27) including Joint Organisations Supplement...

19-30 Review of Impounding Act 1993 and Release of Discussion Paper

The NSW Government has announced the first comprehensive review of the Impounding Act 1993 since it commenced (the Act).

19-29 2019-20 Draft Code of Accounting Practice and Financial Reporting (update 28)

The draft Code of Accounting Practice and Financial Reporting (Code) (update 28) has been released for comment. Guidance material on AASB 16 Leases, AASB 15 Revenue from Contracts with Customers and AASB1058 Income of Not‑for-Profit Entities.

19-28 Annual Report and Annual Performance Statement Checklists

Councils can use the annual report checklist and joint organisations can use the annual performance statement checklist to ensure that all the information required under the Local Government Act 1993 (the Act), the Local Government (General) Regulation 2005 and other relevant legislation and guidelines is in their annual report and annual performance statement.

19-27 Extension of the rates path protection for new councils

New councils formed in 2016 that have opted out of the rates path protection extension will cease to be included under the Ministerial Determination issued for Section 218CB of the Local Government Act 1993. New councils that have decided to extend the rates path protection will be included under provisions of the Ministerial Determination to 2021. New councils formed in 2016 will be eligible to apply for a Special Variation or Minimum Rate Variation, regardless of whether they have opted out of the rates path protection extension.

19-21 – Release of IPC Guideline 1 Returns of Interests

The Information and Privacy Commission (IPC) has finalised and issued Guideline 1: For local councils on the disclosure of information contained in the returns disclosing the interests of councillors and designated persons (Guideline 1). Councils should review the positions they currently identify as designated persons in light of Guideline 1 by applying the principles set out in the attachment to this circular.