Long Term Plans
Part 10.4 of the Local Government Act requires Councils to prepare a Long Term Financial Plan for at least four financial years. City of Darwin prepares a Long Term Financial Plan covering a period of ten years on an annual basis for its own internal planning requirements.
Council defines a sustainable financial strategy as one which allows for the adequate provision of its programs (including capital expenditure) and services into the future with the intention that there is a predictable trend in the overall rate burden. The aim of Council's financial strategy is to allow for an equitable distribution of the costs of establishing and maintaining council assets and services between current and future ratepayers.