At the beginning of each financial year, a comprehensive budget-setting process is undertaken which attempts to match spending plans for the year to the total of all sources of funding for that year.
The financial year runs from 1 July to 30 June.
The City of Rockingham Business Plan provides a 10-year overview of the City’s operations within the context of a fully integrated strategic and financial planning framework. The plan is guided by the five aspirations that have been set out in the City’s Strategic Community Plan, and more specifically is driven by the actions in the Community Plan Strategies that flow from the aspirations. The plan ensures financial sustainability for the future strategic positioning of the City and delivers a 10-year financed model of Principal Activities for the City of Rockingham.
In December 2024, Council was presented with an advance draft of the Business Plan that is to be considered by Council at the May 2025 meeting. This draft version of the Business Plan assists in Annual Budget creation and adoption, but is not prepared to meet the statutory requirements of the Local Government Act 1995. The Business Plan adopted by Council in June 2024 remains the statutory version, however, for the most up-to-date financial estimates, members of the public are encouraged to view the draft Business Plan attached to the Minutes of the December 2024 Council meeting.