Practice Note 6: Long-term Financial Planning

Practice Note 6: Long-term Financial Planning

Version 1
Published 2012

About Practice Note 6

• Guidance for the preparation of a long-term financial plan
• Valuable for local government organisations that need to manage long life infrastructure assets to provide services for their communities
• Enable decision makers to be properly informed now and into the future ensuring equity and informed prioritisation so that the organisation can deliver its variety of services to a desired, affordable and sustainable level
• Practice Note 6 has been developed by IPWEA in partnership with the Australian Centre of Excellence for Local Government. It has been funded through the Australian Government Local Government Reform Fund

• To assist organisations to prepare a LTFP without use of proprietary software, IPWEA has developed a simple Excel-based LTFP model
• By using this model you can input financial projections and generate outputs in the form of Appendix 1 of the Practice Note
• The model can be used as is, or may be adapted to specified requirements
• The model consists of 15 worksheets
• Requires only basic familiarity with Excel to
• Included in the Toolkit is a 'How to Guide' to assist with the setup

Included in the download is the LTFP Toolkit & (Excel) How to Guide (pdf).