City of Stirling Corporate Business Plan

Informing strategies and plans: Long-Term Financial Plan

INFORMING STRATEGIES & PLANS

The City of Stirling’s Long-Term Financial Plan is a fundamental constituent of the Integrated Planning and Reporting Framework. This plan serves as a financial bridge between key strategic documents, including the Annual Report, Strategic Community Plan, Corporate Business Plan, Strategic Workforce Plan and asset management plans. This alignment ensures the City is well-positioned to achieve its long-term objectives over the coming decade. Collectively, these plans reflect a shared vision of the City of Stirling as a

sustainable City with a local focus. Historically, the City has demonstrated sound financial performance, consistently aiming for a balanced budget as a minimum benchmark to support both operational and capital requirements. The Long-Term Financial Plan 2024/25–2034/35 continues this approach, projecting sustainable financial outcomes through balanced budgeting and modest rate increases. These projections are grounded by the notion that the City will maintain its current level of services over the forecast period. Whilst minimal changes in the City’s services are expected, it is anticipated that demand will grow in line with projected inflationary trends.

The overarching aim of the Long-Term Financial Plan is to strike a balance between service quality, community amenity, and financial resilience, ensuring optimal outcomes for Stirling residents. Details of the annual budget and its implications for rates are detailed in the City of Stirling 2025/26 Budget, on page 65. The City’s Long-Term Financial Plan has been updated in parallel with the annual review of the Corporate Business Plan during the financial year.

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