Woollahra residents get 28 days to weigh in on financial sustainability policy

Residents, ratepayers and community organisations across the Woollahra local government area will have 28 days to comment on a proposed Financial Sustainability Policy endorsed by Woollahra Municipal Council.

The draft policy was approved for public exhibition in a 14-0 vote by the council’s Strategic & Corporate Committee on 3 August 2026. The vote does not make the policy final. It starts a public feedback period before the proposal returns to councillors.

A further report will be presented to a future Council meeting on submissions received during the exhibition period. The timing of that report and the policy’s detailed financial measures were not specified.

The exhibition gives people in the Woollahra area a formal opportunity to review the proposed approach and make a submission. The policy will then return to Council with the feedback received during the 28-day period.

Councillors also unanimously endorsed a separate draft Borrowing Policy for its own 28-day public exhibition. A future report will likewise address submissions on that proposal.

The two policies are being consulted on at the same time, but the decision on the Financial Sustainability Policy was a decision to exhibit the draft, not a final approval of its contents. The supplied information does not identify any new rates, charges or borrowing limits arising from the resolution.

Residents who want to comment will need to submit their feedback during the exhibition period. Council will consider those submissions in a future report on the draft policy.