Decision details

Deputy Lord Mayor (Councillor Martin) - MoN - Future Fund Name

Decision Maker: Council

Decision status: Recommendations Approved

Is Significant decision?: No

Is subject to call in?: No

Purpose:

For admin comment

Decision:

That Council:

Noting that there are no cash funds and never can be cash funds in the so called “Future Fund” identified in the Long Term Financial Plan, asks the Administration to seek advice on an alternative descriptor that could accurately and transparently record the value of City of Adelaide property assets sold and acquired since 2018 and whether such records should be recorded in the Long Term Financial Plan or an alternative document.

 

Report author: Anita Inglis

Publication date: 24/10/2023

Date of decision: 24/10/2023

Decided at meeting: 24/10/2023 - Council

Accompanying Documents: