Council's Long Term Financial Plan 2023-2033

What is being decided?

The draft Wattle Range Council Long-Term Financial Plan 2023-2033 has been developed and Council is seeking feedback from the community on the Plan for consideration prior to its adoption.

Background

The Long-Term Financial Plan 2023-2033 is one of Councils core Strategic Management documents. The purpose of the Long-Term Financial Plan (LTFP) is a guide for future action based on the longer-term impact of revenue and expenditure proposals. The LTFP is an expression in financial terms, of the activities that the Wattle Range Council (Council) proposes to undertake over the medium to longer term to achieve its stated objectives as outlined in its Strategic Plan 2023-2027.

The preparation of a LTFP generates improved information to guide decisions about the mix and timing of expenditure on operating activities and additional assets and the funding implications of these.

Council has developed a Strategic Plan 2023-2027, underpinning the success of the Strategic Plan is Council’s ability to fund the various strategies and actions included within. Equally as important the LTFP provides clarity on whether, longer term commitments such as Council’s Infrastructure Asset Management Plans and existing services that provide community benefit are sustainably funded into the future.

Get involved

This consultation has now closed.

Feedback was received until 5 pm on Wednesday, 10 May 2023.

What happens now?

At a special meeting held in May 2023, Council adopted the Long Term Financial Plan 2023-2033.

The Plan ensures that Council has the information available to pursue the implementation of the Strategic Management Plan whilst maintaining the focus on continuing to operate in a financially sustainable manner.

The Plan is available to view here.