Long-Term Financial Plan
The Long-Term Financial Plan (LTFP) is an essential tool for maintaining the Council’s financial sustainability over time. It is reviewed annually to ensure it aligns with the budget forecasts in the Operational Plan and Delivery Program. The LTFP covers a period of 10 years and:
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Estimates income and expenditure, including rates, grants, loans, and asset renewal costs;
- Evaluates financial risks and the impact of changing factors such as inflation; and
- Helps guide strategic decisions on infrastructure investments, service delivery, and operational performance.