Annual services
What we do
Corporate plan reference
Target service levels
Taxation ( Goods and Services Tax and Fringe Benefits Tax )
2.3.1 Monthly by statutory due date ( 21st of the following month ).
Borrowings
- Reconciliation to general ledger ( repayments , interest and administration fees )
- New borrowings ( policy , long-term forecast and applications )
2.3.2 Monthly
Annually by the statutory due date ( 21 May each year ).
Policy and long-term forecast reviewed in conjunction with the annual budget .
Applications submitted to the Department of Local Government by the due date .
Our plans for 2021 / 22
Investments |
2.3.2 |
Active management daily . |
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Reconcilation of investment register monthly . |
Financial assets register - Maintenance of Financial Asset Register and processing of asset transactions
- Reconciliation to general ledger - Revaluation of asset classes
2.3.1 Depreciation monthly , other transactions as required .
Monthly
Desktop valuation - Roads , Drainage and Bridge network , Airport , Land , Buildings , Water , Sewerage and Other Infrastructure 30 June 2020 .
Payroll Tax - Office of State Revenue ( OSR ) |
2.3.1 |
Monthly by statutory due date ( 7th day of the |
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following month ). |
Bank reconciliation 2.3.3 Reconciled daily Internal advice and support 2.3.1 As required Trust register 2.3.1 Reconciled monthly Payroll 2.3.1 Fortnightly Accounts processing - creditors 2.3.1 Weekly payment runs ( as standard ).
Accounts processing - debtors |
2.3.1 |
Daily as required |
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Monthly ( 1st day ) |
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