Under the Local Government Act 2020, Council must develop and review a Financial Plan covering at least the next 10 financial years in accordance with its deliberative engagement practices and adopt the Financial Plan by 31 October in the year following a general election. The LTFP is subject to annual reviews to ensure the financial projections remain current.
The City of Greater Dandenong's Long-Term Financial Plan (LTFP) establishes a financial blueprint for Council’s management of its financial resources, ensuring that Council remains sustainable in the longer term.
The LTFP has been developed after an extensive consultation process with our community and key stakeholders, and aims to financially resource the key areas of importance for the people who live and work in our city and those who regularly visit.
Council adopted the LTFP 2022-23 to 2031-32 at its meeting on 27 June 2022.