Council has recently reviewed the Draft 2021-2031 Long-Term Financial Plan (LTFP) as part of the 2021-2022 Business Plan and Budget process with consideration to factors including the financial impacts of the COVID-19 pandemic. The proposed LTFP includes a forecast for Council’s proposed borrowings and expenses to 2031 and the development of a Future Fund to support the City’s growth. The LTFP is based on assumptions about income and expenses and the cost of borrowings. As these are the sorts of things that can change often, the LTFP is reviewed quarterly and updated on an iterative basis to reflect the latest available information.
Consultation has concluded.