The Long Term Financial Plan (LTFP) provides a 10-year financially sustainable projection regarding how the actions of the Council Plan may be funded to achieve the Community Vision.
The LTFP sets out the financial direction for Council over the next ten years. It highlights how Council will balance service delivery, capital investment, and financial sustainability in a challenging economic environment.
The LTFP shows that while Council is in a sound financial position, increasing cost pressures, a rate cap that is below key expenditure growth, and reliance on recurrent grants present ongoing challenges.
Strong strategic actions will be required to maintain financial sustainability and continue meeting community expectations.
You can read the draft LTFP and have your say below.