Long Term & Annual Plans
What is a Long Term Plan?
The Long Term Plan (LTP) is a large and important document that sets out the Council’s plans and budget for the next 10 years. Every three years, the LTP is reviewed and refreshed to make sure we’re still heading in the right direction for our District’s future.
What is an Annual Plan?
The Annual Plan is Council’s plan for the up-coming financial year. Council produces an Annual Plan in the years in which a Long Term Plan is not produced. The Annual Plan is prepared according to section 95 of the Local Government Act 2002.
Its purpose is to:
- contain the proposed annual budget and funding impact statement for the year to which the Annual Plan relates; and
- identify any variation from the financial statements and funding impact statement included in the local authority’s long-term plan in respect of the year; and
- provide integrated decision making and co-ordination of the resources of the local authority; and contribute to the accountability of the local authority to the community.