Long-Term Financial Planning

CT Management Group’s Long-Term Financial Plan (LTFP) product will ensure council has a viable and visionary financial strategy 20 years into the future.

This product will assist your council in managing its financial sustainability and ensure compliance with accounting standards, highlighting funding needs and outlining financial scenarios.

This analysis lays the foundation for deliberative engagement and the important comparative choices that communities may need to make. Deliberative engagement is commonly referred to now in adopting strategic documents particularly in Victoria following Council general elections.

The LTFP includes a dashboard analysis feature for testing scenarios and creating presentations to executive management and council.  

 Outputs include:  

  • All financial statements out to 20 years.
  • 20-year capital works program with renewal upgrade, expansion and new standard projects. 
  • 20-year renewal figures extracted from council’s Asset Management Plans. 
  • VAGO indicator ratios out to 20 years. 
  • Financial ratio graphs including Local Government Performance Reporting Framework. 
  • Financial Sustainability Ratios .
  • Model Budget Outputs-LGV model compliant. 
  • Capital Expenditure Summary Outputs by asset class, asset type including funding splits across funding sources. 

Also linking to the Long-Term Financial Planning product is the:

Capital Works Evaluator Tool (CWE) – this assists councils prepare a 40-year Capital Works Program and includes fully calculated and escalated whole of life costs and interfaces with the LTFP.  CT Management Group is ready to assist you with this planning package by providing experienced local government associates to support you during implementation and upgrades. We are focused on assisting councils achieve their goals by providing solutions supported by our years of experience, specialist skills and knowledge.  

For further information or to arrange a demonstration of the features and benefits of our LTFP and/or CWE please contact Simon Walsh, Principal – Financial & Service Planning on 1300 500 932 or submit the form below.

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