Change in Purpose and Intention to use Reserve Funds

Published: Wednesday, 25 March 2020 at 10:37:28 AM

In accordance with section 6.11 of the Local Government Act 1995 notice is hereby given that Council intend to change the purpose and utilise multiple reserve funds. Allocations will be made from the following reserves;

 

  • Land & Building Reserve $150,000
  • Plant Reserve $150,000
  • Landfill Reserve $150,000
  • IT & Communications Reserve $80,000
  • Community & Recreation Reserve $100,000
  • Aerodrome Reserve $100,000
  • Infrastructure Renewal Reserve $220,000

 

The funds above will be allocated to a newly created COVID-19 Reserve for the purpose of meeting any emergency expenditure associated with COVID-19. The intended purposes of the funding in relation to mitigating the effects of COVID-19 include but are not limited to;

 

  • Additional unbudgeted employee costs, including, potentially the need to recruit additional permanent or temporary/casual employees to undertake additional functions, to cover for current employees on extended sick leave or carer’s leave due to COVID-19
  • Additional insurance expenditure due to COVID-19
  • Additional equipment costs to ensure the Shire can respond to a variety of issues and scenarios
  • Potential need to support ongoing community services, functions and facilities
  • Stockpiling larger quantities of goods than normally would be required
  • Provision of generators and fuel tanks for operations
  • Provision of additional funding to ST JOHN’s for integrated medical services

 

Any unused reserve funds will be returned to the Infrastructure Renewal Reserve at an appropriate time.

 

Submissions on the intention to change the purpose and utilise the reserve funds should be addressed to the Chief Executive Officer and submitted to the Shire by 4pm Thursday 30th April 2020.

James Trail

Chief Executive Officer

25 March 2020

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