Resource Library

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Model Budget 2020/21 and Model Financial Statements 2019/20

Council Policies

VAGO Updates 2021

Vic Gov Rating Review Table (summary for FinPro) – 29 January 2021

Sample Revenue and Rating Plan 2021

MAV Members Brief #1 – Social and affordable housing July 2021

MAV Members Brief #2 – Social and Affordable Housing

Social Housing and Funding for Local Services – Issues Paper July 2021

MAV WorkCare guidance update – LGV 12 August 2021

Updates required to reflect comparative information in Note 5.8 Leases – LGV 12 August 2021

TCV Loans Framework Q and A – 14 October, 2021

Rising to the challenge – 2021 Financial Management and Leadership Development Program FINAL

Local Government Act 2020 – Implementation

The Local Government Act 2020 has now received Royal Assent and information is available at www.localgovernment.vic.gov.au.

A reminder to go to https://engage.vic.gov.au/local-government-act-2020  for all LG Act information.

Council Policies

If you have a policy, resource or document which you are willing to share with your peers please contact our Executive Officer, Gabrielle Gordon. Contact details listed on the Contact Us Page of this website.

Examples of Policies:

 

 

 

 

 

 

 

Disclaimer – The documents provided above are provided for general information purposes only. Your use of any of these sample documents is at your own risk, and you should not use any of these sample documents without first seeking legal and other professional advice. The provision of these sample documents (and the documents themselves) do not constitute legal advice or opinions of any kind, or any advertising or solicitation.

Procurement – New Procurement Policies under the Local Government Act 2020

Members should be aware that after 30 June 2021, all councils, are required to comply with S108 & 109 of the Local Government Act 2020 and adopt a new Procurement Policy. The Policy will need to be adopted by 31 December 2021 and will need to be reviewed at least once every four years thereafter.

Under the 2020 Act, Council’s will have to establish their own public tender thresholds & exemptions and Council’s must consider opportunities for collaboration. The Act also allows greater powers for Councils to engage in beneficial enterprises or co-operative business opportunities which deliver increased public value.  There has been significant collaborative work done in preparation for this change with regional groups preparing either one policy or policy guidelines in preparation of their new policies to their council.  Check with your procurement team(s) on the progress for your council.

Examples

Procurement Policy 2021 – Banyule City Council

Note:  The document is split into two sections, with Part A prescribing Banyule’s (and the NRPEN’s) public tendering thresholds and governance requirements and Appendix 2 setting out the Sustainable Procurement Policy with Appendix 2, Part B stipulating our Sustainable Procurement Key Performance Indicators.

Procurement Policy – Greater Bendigo CC

Procurement Policy – Golden Plains Shire Council

Procurement Policy July 2021 – Monash City Council

 

 

Local Government Planning and Reporting Guides and Templates

Local Government Victoria publishes all documents relating to reporting guides and templates, including Model Budgets and Financial Statements.

Practitioners are urged to refer to the LVG Website for updated information.

Both the Model Budget 2020/21 and the Model Financial Reports 2019/20 as also still available for councils, should they wish to refer to these previous documents.

Model Budget 2020/21 and Model Financial Statements 2019/20

Accounting Standards Guidance and Worked Examples – AASB 9, AASB 15, AASB 16 and AASB 1058

The Accounting Standards Working Group, (Comprising FinPro members and staff from LGV and Crowe Horwath), worked together during 2018 and early 2019 to develop a guidance document specific to the Local Government Sector.  It was developed by the working group and will be published and issued by Local Government Victoria and will be launched at the FinPro Seminar on Friday 22 February 2019.

The guidance material is to assist the Local Government sector to transition to the new accounting standards in a consistent and practical manner. The Guidance document is to supplement the detail of the Standards themselves; it enables the sector to know what the position is on a number of paragraphs within the standards so that the application can be applied consistently throughout the sector.

The worked examples are in an appendix to the guidance document and provide practical guidance to the overall application of the guidance materials. The Guidance document refers to the examples, so that the sector can have real, relatable examples and assist in interpreting the sectors overall position on particular paragraphs within the standards. The examples have been made simple, in order to easily follow the application, with the aim being that the sector be able to apply such examples in their organisation’s decision making.

Link to Guidance on transition to new accounting standards 2018/19

Other information which may be of value:

FinPro – Sample Position paper AASB 15 1058 16 July 2020

Sample Report to Audit Committee – Model accounts and new accounting standards 2020

Copy of AASB 15 1058 assessment – for FinPro website July 2020