A Financial Plan is a document that outlines an organisation's investment, debt & revenue policies.
In Queensland Section 131 of the Local Government (Finance, Plans and Reporting) Regulation 2010 requires that Queensland Councils prepare and adopt a financial plan.
It also mandates that the financial plan must be consistent with the following—
- the long-term financial forecast;
- the long-term community plan;
- the long term asset management plan.
and that it should outline the following policies;