Introduction

The Department of Local Government has implemented a new Integrated Planning and Reporting Framework with the objective of improving delivery of services to the community by councils.

The framework requires councils to integrate all their plans together with the objective of delivering services for the community through streamlining council operations and ensuring optimal use of resources. Under the guidelines, council is required to prepare the following documents:  Community Strategic Plan for at least the next ten years  Delivery Program for four years  Operational Plan annually  Workforce management Plan  Long Term Financial Plan for at least ten years  Asset Management Plan

According to the Local Government Integrated Reporting and Planning Guidelines for New South Wales, the following is required:  The Long Term Financial Plan must be updated at least annually as part of the development

of the Operational Plan The Long Term Financial Plan must be reviewed in detail as part of the four yearly review of the Community Strategic Plan

The Long Term Financial Plan must include:  Planning assumptions used to develop the plan  Projected income and expenditure, balance sheet and cash flow statement  Sensitivity analysis  Financial modelling for different scenarios  Methods of monitoring financial performance

This is the annual review as part of the development for the Operational Plan. For the full document please refer to the “Long Term Financial Plan 2017/18 - 2026/27” which was adopted on 13 June 2017 and available to view on the council website.