Have Your Say on Council’s Long‑Term Financial Plan

Glen Innes Severn Council is seeking community feedback on its Long‑Term Financial Plan (LTFP), a key document that sets out how Council proposes to manage its finances over the next 10 years.

The LTFP provides a long‑term view of Council’s financial position and shows how Council plans to fund services, maintain and renew infrastructure, and manage financial risks in a sustainable and responsible way.

What is the Long‑Term Financial Plan?

The Long‑Term Financial Plan looks beyond the annual budget to explain:

• How Council will fund services and programs over time
• How income and expenses are expected to change
• How Council will manage cash, debt and financial risk
• How infrastructure and asset responsibilities will be funded into the future

The LTFP supports responsible decision‑making and helps ensure today’s decisions do not unfairly impact future councils and communities.

Why this plan is important

All councils are required to plan for the long term to ensure they can continue delivering essential services while remaining financially sustainable.

For Glen Innes Severn Council, the Long‑Term Financial Plan is an important step in strengthening financial discipline, improving cash outcomes and restoring long‑term sustainability, while being transparent with the community about Council’s financial position and future challenges.

The plan focuses on:

• Strengthening financial management and systems
• Improving Council’s unrestricted cash position
• Managing long‑term asset and infrastructure obligations
• Ensuring Council’s plans are realistic and affordable

Important information about the Long‑Term Financial Plan

The Long‑Term Financial Plan has been prepared using a range of assumptions about Council’s future income and expenditure.

One of these assumptions is the approval of Council’s application to the Independent Pricing and Regulatory Tribunal (IPART) for a Special Rate Variation (SRV).

Special Rate Variation (SRV)

As part of its broader financial sustainability program, Council has applied to IPART for a Special Rate Variation to help stabilise its financial position and support the continued delivery of essential services.

The draft Long‑Term Financial Plan assumes approval of the SRV, which would result in an increase of 21.5 per cent in 2026-27.

It is important to note that:

• Approval of the SRV sits with IPART, not Council
• The SRV has not yet been approved
• If the SRV is not approved, Council will need to reassess aspects of its long‑term financial planning

The SRV is one part of a broader approach that also includes:

• Improved financial management and systems
• Ongoing operational discipline
• Cash improvement measures
• A focus on securing external grant funding for capital works

How to Have Your Say

You can provide feedback in any of the following ways:

Online
Submit a public comment form via the Have Your Say portal.

Email
Send your written submission to: council@gisc.nsw.gov.au

In Person
Hard copies of the draft document and public comment forms are available at the following locations:

• Council’s Town Hall Customer Service Office 265 Grey Street, Glen Innes
• Glen Innes Severn Public & TAFE Library 71 Grey Street, Glen Innes
• The village post offices at: Emmaville and Deepwater

Submissions will close at 4.30pm on Monday, 8 June 2026