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Council Adopts Budget Amendment

Please advised that on 5th February 2016, Council adopted a budget amendment.  The mid year budget review has allowed the Council to adjust its annual budget forecasts to more accurately reflect the anticipated income and expenditure for the remainder of 2015/16. In particular the mid-year budget review recognised the unexpended grants acquitted as part of the preparation of the annual financial statements.

The major items considered as part of this mid-year budget review include:

* Recognition of unexpended grants brought forward.

* Revision of CDP income figures to reflect the adjusted participation expectations.

Revised document may be downloaded from http://www.centraldesert.nt.gov.au/regional-council-plan.