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Legislative Assembly for the ACT: 1999 Week 2 Hansard (11 March) . . Page.. 574 ..

MR HIRD

Services Standing Committee. Finally, through you, Mr Speaker, I extend the usual invitation from the Urban Services Committee to any interested members of the parliament who wish to attend our public hearings.

Debate resumed from 9 March 1999, on motion by Ms Carnell:

(1) That this Assembly and the Executive aim to ensure that the people of Canberra continue to enjoy a healthy, safe, diverse, inclusive and contributing community with a high quality of life, supported by a government which provides quality services now and into the future.

(2) To assist in the Executive's preparation of a Budget which will meet the approval of the people of Canberra and their elected representatives the following principles must be addressed:

Responsible Financial Management

(a) the respective roles of the Executive and the Assembly in ensuring responsible fiscal management of the Territory;

(b) the social and economic criteria against which financial management strategies ought to be examined;

Budget Priorities

(c) the level of revenue which the Territory should raise, and how that level should be achieved;

(d) the level of expenditure which the budget should incur, and any specific priorities for expenditure;

(e) what assets the Territory should maintain or sell, and the reasons why they should be maintained or sold;

(f) the level of debt, and any new borrowings, which the Territory should incur;

(g) the importance of the Territory retaining its current AAA credit rating;

The Operating Loss

(h) whether current and future Governments should strive to eliminate the operating loss, and if so by what year; and

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