City of Stirling Transport Asset Managment Plan

7.0 Financial summary

The Long-Term Financial Plan is a guide for future action as it requires the City to consider not just one year, but also the long-term impact of income and expenditure projections. The City’s financial plan seeks to efficiently accommodate ongoing funding of: • Existing services – operations, maintenance, asset renewal and asset upgrade • New services and assets as required or preferred.

7.1 Financial sustainability Financial sustainability requires balancing service levels and cost of providing the services as illustrated in Figure 7.1.

Community

Lifecycle cost

Services

Figure 7.1 Sustainability of service delivery

The City is sustainable if its infrastructure capital and financial capital can be maintained over the long-term.

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