Financial Sustainability Review & Action Plan

MidCoast Council aims to be financially sustainable. This means having sufficient funds to meet all of our resources and financial obligations, including the provision of agreed services and properly maintaining our assets.

The financial sustainability and review action plan has 5 key objectives;

  • Expenditure is managed to ensure the limited funds are controlled and spent effectively
  • Council operations are effective, efficient, and lean - delivering value for money to the community
  • Council assets are strategically managed across their entire lifecycle and asset management capability is continually developed and improved
  • Revenue sources are regularly reviewed to align with expenses and agreed service levels
  • Generate sufficient unrestricted cash as determined by Council policy

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