200Long-term financial plan

200 Long-term financial plan (1) A council must prepare and keep up-to-date a long-term financial plan.

Local Government Act 2019 115 (2) A long-term financial plan must relate to a period of at least 4 financial years. (3) A long-term financial plan must contain: (a) a statement of the major initiatives the council proposes to undertake during the period to which the plan relates; and (b) the projected statement of income and expenditure for each financial year of the period to which the plan relates; and (c) any other matters prescribed by regulation. (4) The council must provide the Agency with a copy of its long-term financial plan by 30 June in the year preceding the first financial year to which the plan relates.