Draft Long Term Financial Plan 2026-2035

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Council decisions/outcomes

At its meeting on 4 December 2024 the Audit & Risk Committee considered the community engagement outcomes report (no submissions received) and made the decision to adopt the revised Long Term Financial Plan for the financial years from 2026-2035. This recommendation was endorsed by Council at its meeting on 10 December 2024.

Audit & Risk Committee - Notice, Agenda and Reports - 4 December 2024

Audit & Risk Committee - Minutes from 4 December 2024 meeting

Read the Council Meeting minutes - 10 December 2024

We are inviting our community to provide feedback on our draft Long Term Financial Plan 2026-2035

The purpose of a Council’s Long Term Financial Plan (LTFP) is to express, in financial terms, the activities that it proposes to undertake over the medium to longer term to achieve its stated objectives.

It is similar to, but usually less detailed than, the annual budget. Just like the annual budget, it is a guide for future action, although its preparation requires the Council to think about not just one year but the longer-term impact of revenue and expenditure proposals.

The LTFP is underpinned by a set of ‘five guiding principles’ that were adopted by Council:

  1. Maintain existing assets at existing service levels
  2. Continue to review assets with proceeds being reinvested into the city and community
  3. Maintain debt within the targeted range of 25%-35% over the life of the plan
  4. Retain tight constraints on operating expenditure
  5. Ensure that the capital works program retains a level of funding for new works and enhancements to community infrastructure

The LTFP should specify and take account of:

  1. Expected expenses and capital outlays for each year of the plan
  2. Expected revenues for each year and their source
  3. Any variations in net debt required as a result of expected cash flow needs
  4. Performance measures to enable assessment of the Council’s financial sustainability over the period of the plan.

The LTFP should include estimated:

  1. Income Statement
  2. Balance Sheet
  3. Cash Flow Statement
  4. Statement of Changes in Equity
  5. Uniform Presentation of Finances
  6. Key Financial Indicators.

The LTFP is created in quarter two of the financial year with the intent that this document creates a guide to help inform the development of the 2025-26 financial year budget.

To get involved and have your say:

All feedback received will be presented to Council for consideration before the Long Term Financial Plan 2026-2035 is adopted.

If you need assistance to participate in this consultation, please call us on 8397 7444 or send us a message

Council decisions/outcomes

At its meeting on 4 December 2024 the Audit & Risk Committee considered the community engagement outcomes report (no submissions received) and made the decision to adopt the revised Long Term Financial Plan for the financial years from 2026-2035. This recommendation was endorsed by Council at its meeting on 10 December 2024.

Audit & Risk Committee - Notice, Agenda and Reports - 4 December 2024

Audit & Risk Committee - Minutes from 4 December 2024 meeting

Read the Council Meeting minutes - 10 December 2024

We are inviting our community to provide feedback on our draft Long Term Financial Plan 2026-2035

The purpose of a Council’s Long Term Financial Plan (LTFP) is to express, in financial terms, the activities that it proposes to undertake over the medium to longer term to achieve its stated objectives.

It is similar to, but usually less detailed than, the annual budget. Just like the annual budget, it is a guide for future action, although its preparation requires the Council to think about not just one year but the longer-term impact of revenue and expenditure proposals.

The LTFP is underpinned by a set of ‘five guiding principles’ that were adopted by Council:

  1. Maintain existing assets at existing service levels
  2. Continue to review assets with proceeds being reinvested into the city and community
  3. Maintain debt within the targeted range of 25%-35% over the life of the plan
  4. Retain tight constraints on operating expenditure
  5. Ensure that the capital works program retains a level of funding for new works and enhancements to community infrastructure

The LTFP should specify and take account of:

  1. Expected expenses and capital outlays for each year of the plan
  2. Expected revenues for each year and their source
  3. Any variations in net debt required as a result of expected cash flow needs
  4. Performance measures to enable assessment of the Council’s financial sustainability over the period of the plan.

The LTFP should include estimated:

  1. Income Statement
  2. Balance Sheet
  3. Cash Flow Statement
  4. Statement of Changes in Equity
  5. Uniform Presentation of Finances
  6. Key Financial Indicators.

The LTFP is created in quarter two of the financial year with the intent that this document creates a guide to help inform the development of the 2025-26 financial year budget.

To get involved and have your say:

All feedback received will be presented to Council for consideration before the Long Term Financial Plan 2026-2035 is adopted.

If you need assistance to participate in this consultation, please call us on 8397 7444 or send us a message

Ask us a question about the Draft Long Term Financial Plan 2026-2035 and we will get back to you.

Note: please do not send questions here that are not relevant to this draft plan. For questions about general Council matters please contact Customer Service

  • Share I see you estimate new footpaths from 2026 to 2028. Does this mean that Burford Crescent will finally get one after waiting 35 years? on Facebook Share I see you estimate new footpaths from 2026 to 2028. Does this mean that Burford Crescent will finally get one after waiting 35 years? on Twitter Share I see you estimate new footpaths from 2026 to 2028. Does this mean that Burford Crescent will finally get one after waiting 35 years? on Linkedin Email I see you estimate new footpaths from 2026 to 2028. Does this mean that Burford Crescent will finally get one after waiting 35 years? link

    I see you estimate new footpaths from 2026 to 2028. Does this mean that Burford Crescent will finally get one after waiting 35 years?

    Jack asked 6 months ago

    Hello Jack,

    Thank you for your question.

    The LTFP is a long term funding document, the detailed footpaths will be determined through the asset priority and planning with funding assigned at the annual business plan and budget process. Burford Crescent is currently not listed as part of this year’s draft program and due to the existing streetscape it maybe sometime before a footpath can be constructed on the remaining section of Burford Crescent. 

    The team will be in touch shortly with further information.

    Kind regards,

    Brooke