Proposed Treasury Management Policy - Community Feedback

Council welcomes community feedback to the proposed Treasury Management Policy, specifically:

• Whether the proposed policies are clear, unambiguous and easy to understand;
• Whether the proposed policies reflect the community’s views of how Council’s finances should be managed;
• Whether the proposed policies are appropriate for the Rangitikei context;
• Whether they would like to see any changes to the proposed policies.

Background

The purpose of the proposed Treasury Management Policy is to outline approved policies and procedures in respect of all treasury activity to be undertaken by Rangitikei District Council ("RDC"). This activity includes all aspects of how Council manages its funds. The formalisation of such policies and procedures will enable treasury risks within the Council to be prudently managed.

The Treasury Management Policy includes the liability management and investment policies, last reviewed in 2013, both of which are required by section 102 of the Local Government Act 2002.

During 2015 a further comprehensive review was undertaken, to ensure that the move to being a net borrower of funds was adequately safeguarded and to satisfy requirements of the Local Government Funding Agency (a potential source of funds on a longer-term basis than generally available from other financial intuitions).

To better assist the community, we have structured the consultation form based on the main sections of the Treasury management policy

Further information

Draft Treasury Management Policy

Treasury Policy Submission Form

Copies are also available from the Marton, Bulls, and Taihape Libraries, and the Council Office in Marton, or you may ask for a copy to be sent to you.

Feedback

Consultation on the draft Treasury Management Policy is open from 18 January 2016 until 12pm 19 February 2016.

You can provide your feedback to Council via:

Web link - Click this link and you will be invited to complete the consultation online without the need to print, post, or email

Posted:

Rangitikei District Council

Attn: Katrina Gray

46 High Street, Private Bag 1102

Marton 4741

Emailed: info@rangitikei.govt.nz

In person- Dropped into the Marton, Bulls, or Taihape Libraries or Marton Council Offices.

If you have questions or would like to further assistance with regards to this consultation, please contact Katrina Gray on 06 327 0099 or 0800 422 522.