The touring party was provided an insight into financial risks, sustainability, asset management and revenue management.

They group also received a background on local government, particularly the role of local government in remote and rural councils throughout New South Wales.

Council Director of Finance and Corporate Services, Sharon Hutch said the visit was a great opportunity for Yass Valley Council.

“Today was a great opportunity to showcase how we operate as a council and provide insight into the risks faced by rural councils in New South Wales,” Ms Hutch said.

“No matter where you are in the world we all face the same or similar risks and opportunities.”

“The challenge facing organisations is how you manage those risks and opportunities.”

The Queensland University of Technology (QUT) is hosting the group while the participants complete a leadership and risk management course in Australia.

The members of the group hold a variety of positions including: joint comptroller general, financial controller and accounts officer.

They also work across a number of portfolios including water, agriculture, human services, education and local government.

Financial Comptroller General Office (FCGO) is the main government agency responsible for the treasury operation of the Government of Nepal.

FCGO is responsible for overseeing all government expenditure against budget, tracking revenue collection and other receipts and preparation of consolidated financial statements of the government.

At the conclusion of the presentation by senior Yass Valley Council staff on Tuesday, March 28, the Nepalese touring party rounded off its visit to Yass by taking a tour of the Yass Dam and Sewerage Treatment Plant. Raw water to this plant is drawn from the Yass dam and treated water is then transferred to various reservoirs and distributed to the Yass township and the villages of Binalong and Bowning.