Local Government Minister John Castrilli yesterday presented the Financial Management Awards of Excellence to three Western Australian local government councils which competed for the awards.
"It is extremely timely to present the awards for the 2006-07 financial year when the international focus is on cautious, prudent financial management," Mr Castrilli said.
"The world economic crisis gives these awards extra significance.
"The award presentations provide recognition to those at the local government level that have provided the most effective financial reporting throughout the 2006-07 financial year.
"From the world stage to the local council it is clear high quality financial reporting underpins effective financial management, which in turn contributes to long term financial sustainability.
"Financial sustainability has emerged as a key issue for many local governments, particularly in relation to long term asset management and provision of new infrastructure needed by local communities."
The Minister said that this year 23 local governments had participated and the award winners would serve as role models for local authorities across WA.
"Given the wide range of types of local governments across the State, three categories were presented, including small rural and country regional local governments; rural local governments; and metropolitan and country - city local governments," he said.
"Part of the review process for the awards involves assessing initiatives being undertaken by local governments to address their long term financial sustainability. This includes the development of a long-term financial plan and asset management plan."
Mr Castrilli said a departmental committee was established to judge the awards, determine the procedural process and judge the finalists.
The award winners, who were presented with their awards at the Esplanade Hotel, are detailed below.
Small rural and country regional local government category
Certificate of Merit - Shire of Mingenew;
Certificate of Merit - Shire of Tambellup;and
Certificate of Excellence - Shire of Quairading.
Rural local government category
Certificate of Merit - Shire of Gingin;
Certificate of Merit - Shire of Capel; and
Certificate of Excellence - Shire of Busselton.
Metropolitan and country - city local government category
Certificate of Merit - City of South Perth;
Certificate of Merit - City of Bunbury; and
Certificate of Excellence - City of Armadale.
The highest ranked local government in each category received a Certificate of Excellence, with Certificates of Merit being awarded to the two runners-up.
Minister's office - 9213 6800
