Sustainable financial management is a significant risk and priority for the local government sector. Under legislative and policy requirements, all NSW local councils must prepare and adopt a long-term financial plan. This plan should both reflect and inform decision making for important processes like longer term strategic planning, and immediate and short term budget processes. 

This audit will assess whether selected local councils have established effective and compliant long-term financial plans that reflect their communities’ priorities for services and assets and promote financial sustainability.