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NYS Comptroller

THOMAS P. DiNAPOLI

The Academy for New York State's Local Officials

Multiyear Financial Planning: A Tutorial for Local Government Officials

Module 1: Elements of a Successful Plan

The Process of Multiyear Financial Planning

STEP 2: Decide on a timeframe, keeping in mind that projections are most useful if they cover a time period short enough to be predicted with some confidence but long enough to reveal emerging shortfalls or other issues several years out. Most plans project about three to five years, including the upcoming budget year.

  Next: Step 3 - Select a Level of Detail