Page 119 - City of Westlake FY20 Budget
P. 119
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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