The Issue
Councils undertaking significant projects — particularly those involving major capital expenditure or long-term financial commitments — are required under legislation to conduct prudential reviews. These reviews ensure that projects are financially responsible, strategically aligned, and deliver value to the community.
Preparing a robust prudential review can be complex, requiring financial modelling, risk assessment, and clear documentation to support Council decision-making and community transparency.
What we do for you
We provide independent, evidence-based prudential reviews that meet legislative requirements and support sound governance. Our team understands the Local Government context and brings both financial and strategic insight to the review process.
We can help you by:
- Conducting full prudential reviews in accordance with Section 48 of the Local Government Act (SA) or equivalent legislation in your jurisdiction.
- Assessing project feasibility, financial sustainability, risk, and alignment with Council’s strategic objectives.
- Reviewing business cases, funding models, and community impact assessments.
- Preparing clear, concise reports that support Council decision-making and withstand public and audit scrutiny.
- Working collaboratively with project teams, executive staff, and elected members to ensure a smooth review process.
Every major project carries risk, but a well-executed prudential review provides assurance and accountability. At UHY, we help you make informed, responsible investment decisions.
The benefits to you
- Independent assurance that projects are financially and strategically sound.
- Compliance with legislative requirements and audit expectations.
- Greater confidence for Council, the community, and funding partners.
- Clear documentation to support transparent decision-making.
