Page 109 - Ord 866 Adopting a revised Fiscal Year 17-18 and new proposed Fiscal Year 18-19 budget

Long Term Planning

multi-year forecast)

The Long-Range Financial Forecast takes

a forward look at the Town’s revenues and

expenditures. Its purpose is to identify financial

trends, shortfalls, and issues so the Town

can proactively address them.

It does so by projecting into the future the fiscal

results of continuing the Town’s current service

levels and policies, providing a snapshot of what

the future may look like as a result of the

decisions made in the recent past.

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