Closed
Financial Sustainability Review
Tender ID: 620406
Tender Details
Organisation:
Tender #:
2026-5404
Status:
Closed
Publish Date:
23 July 2026
Closing Date:
6 August 2026
Closing Time:
10:00 AM (Australia/NSW)
Tender Description
Overview
Byron Shire Council requires a comprehensive Financial Sustainability Review to support its consideration of long-term financial sustainability initiatives and any future Special Rate Variation (SRV) application.
Purpose
The review is intended to address Council Resolution 26-108 (Comprehensive Review of Council Business) and Council Resolution 26-110 (Exploration of Alternative Options to Support Long-Term Financial Sustainability). It will provide an evidence-based framework to inform Council decision-making, community engagement, and any future SRV application to IPART.
Scope
The scope includes:
- Examining expenditure on non-statutory services and benchmarking this expenditure against comparable councils where possible
- Identifying and evaluating alternative revenue opportunities, commercial opportunities, asset utilisation options, cost containment measures, and productivity improvements
- Assessing the financial impact, benefits, risks, and implementation considerations of the identified options
- Developing financial scenarios demonstrating how a combination of expenditure savings, efficiency gains, revenue initiatives, and, if required, a potential Special Rate Variation could improve Council's long-term financial sustainability
- Providing an evidence-based framework to inform Council decision-making, community engagement, and any future SRV application to IPART
Location
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