Long Term Financial Plan

The purpose of a Long Term Financial Plan (LTFP) is to guide the future direction of Council in a financially sustainable manner.

The LTFP is designed as a 'high-level' summarised document focusing on the future planning of Council's financial operations - particularly in relation to key components such as rate increases, service levels to our community, major infrastructure asset replacement/renewal and loan indebtedness. 

It is driven by Council's Strategic Management Plan which sets out Council's objectives, goals and desired outcome. It is a guideline for future action in financial terms and encourages Council to think about the future impact decisions made today have on Council's long-term sustainability.

The Local Government Act 1999 ("the Act") requires that Councils must develop and adopt Strategic Management Plans including the LTFP which is a moving document updated on an rolling basis over a ten year term.

Councils LTFP was adopted by Council in December 2013.

City of Mount Gambier Long Term Financial Plan(840 kb)

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