Part 8 — Financial Administration
283.1 Financial Plans and Capital Plans Required plans
(a) "capital plan" means a plan referred to in subsection (3);
(b) "financial plan" means a pl an referred to in subsection (2).
(2) Each municipality must prepare a written plan respecting its
anticipated financial operations over a period of at least the next 3
financial years.
RSA 2000
Section 284 MUNICIPAL GOVERNMENT ACT Chapter M-26
194
(3) Each municipality must prepare a written plan respecting its
anticipated capital property additions over a period of at least the
next 5 financial years.
(4) The 3 financial years referred to in subsection (2) and the 5
financial years referred to in subsection (3) do not include the
financial year in which the financial plan or capital plan is
prepared.
(5) Council may elect to include more than 3 financial years in a
financial plan or more than 5 financial years in a capital plan.
(6) Council must annually review and update its financial plan and
capital plan.
(7) The Minister may make regulations respecting financial plans
and capital plans, including, without limitation, regulations
(a) respecting the form and contents of financial plans and
capital plans;
(b) specifying the first financ ial year required to be reflected in
a financial plan;
(c) specifying the first financ ial year required to be reflected in
a capital plan.
2015 c8 s40