Contents 1
Introduction..................................................................................................................................................3
2
About Federation Council ............................................................................................................................5
3
Objectives .....................................................................................................................................................9
4
Key highlights of the 2021/22 Annual Budget .......................................................................................... 10
5
Financial sustainability .............................................................................................................................. 13
6
Special Rate Variation ............................................................................................................................... 16
7
Planned Scenarios ..................................................................................................................................... 17
8
Sensitivity/Assumptions ............................................................................................................................ 21
9
Risks and opportunities ............................................................................................................................. 24
10
Capital Works Plan .................................................................................................................................... 25
11
Monitoring Key Performance Indicators (KPI’S)........................................................................................ 29
12
Financial statements ................................................................................................................................. 33
Document History Version
Date
Council resolution
Changes / Amendments
1.0
4 May 2021
154/21FC
Adopted in principle for public exhibition
2.0
15 June 2021
208/21FC
Minor amendments regarding the following:
IPART’s approval of the Special Rate Variation of 8% for the 2021/22 year Increase in expenditure budget for expected WorkCover premium Decrease in expenditure budget for confirmed Emergency Services Levy contributions
Updated for final adoption.
Federation Council Long Term Financial Plan 2021 – 2031 (21/15904)
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