Develop an Integrated Long-term Financial Plan

Type of initiative Municipal Asset Management Program - MAMP
Sector Asset Management (MAMP)
Project value$62,500
Project Type MAMP Projects
Sub Sector Multiple
Grant amount$50,000
Program type MAMP
Municipality County of St. Paul No. 19, AB
Status Fully Disbursed
Population 6,306
Project timeline 2021 - 2022
Project number 17406

Description

The County of St. Paul has identified the development of an integrated long-term financial plan (LTFP) as an action item in its 2016 Asset Management Roadmap. With revenue challenges becoming more prevalent, the need for an integrated LTFP is even more pronounced. Using this plan, the County will be able to better prepare for current and future revenue challenges, identify and manage risks of any financial gaps, and ensure services are provided to residents in a sustainable manner. This plan will have a service lens, integrating the County’s asset management initiatives and levels of service assessments into financial decision-making.

Applicant

County of St. Paul No. 19, AB