Long Term Financial Plan (LTFP)
Designed to improve financial planning methodologies and highlight the importance of key strategies, our Long Term Financial Plan (LTFP) supports Council’s Budget and Strategic Resource Plan.
Comprehensive long term financial planning is at the core of any well managed Local Government organisation. To complement and build on your financial strategies, CT Management Group has developed an LTFP.
Our LTFP aims to improve a Council’s financial planning methodologies and highlight key policies including rating strategies and long-term infrastructure renewal needs. It is the only financial plan capable of modelling service levels (in conjunction with our integrated SCEM).
Using our LTFP, Council can manage a financially sustainable position and comply with accounting standards, with the product highlighting funding needs and financial scenarios with modelling capability for multiple options.
Our LTFP is logical and easy to use and includes a dashboard analysis feature for testing scenarios and creating presentations to Executive Management and Council.
Our LTFP informs budget deliberations and policy and will generate most of the information necessary to produce the Council Budget document, rates modelling and financial projections for all key indicators.