Long-term financial plan

Long-term financial plan

Financial plan covering two or more years of future operations.

Long-Term Financial Plan

An investment plan or strategy with a term of usually longer than one year. A long-term financial plan involves more uncertainty than anything short-term because, typically, market trends are more easily predictable in the short term. On the other hand, planning for the long-term is necessary in order to enjoy financial security in retirement. Thus, while planning for the long term is necessary, one's plan must be flexible to account for the uncertainty inherent to it.
References in periodicals archive ?
I'm concerned with the lack of a long-term financial plan,'' said Distaso, who considers himself a ``government bureaucrat.
In line with the union's long-term financial plan, the IRFU will be moving into a debt situation over the next 12 months.
City officials understood the severity of Fredericton's infrastructure deficit in 2009 and created a long-term financial plan that provides the foundation for a sustainable future.
In this specially created position, Yeary will spearhead the development of a long-term financial plan that will give the campus a stable and reliable funding strategy.
However, the new deal paves the way for a long-term financial plan to pay off the construction debts, and means that Delta will give up a third of its space in the terminal, which has 22 gates.
And it's clear that budget cuts, its long-term financial plan and the ongoing cost of Operation Sacristy are hitting the force hard.
In addition, 25% said they had no "rainy day" savings and 38% admitted they did not have a long-term financial plan in place to work to.
As co-chair of the City-wide Parent Planning Advisory Council, I have requested the City Council create a long-term financial plan for the Worcester Public Schools.
Namely, that these products provide a source of guaranteed income, principal protection, and interest rate stability in retirement as well as balance to any long-term financial plan.
regular session, action on 10-year capital improvement plan and LTD EmX project underground utility relocations construction contract, public hearing on long-term financial plan and 2016 budget assumptions, review of rate design proposal.
A good long-term financial plan also includes how to pay for basic health coverage before and after age 62.
Board planning session on rate strategic planning, water capital plan, water long-term financing plan, electric capital plan, electric long-term financial plan, 2007 budget assumptions and rate impacts.

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