Northern Territory Numbered Regulations Northern Territory Numbered Regulations(1) A council's budget and long-term financial plan must:
(a) be on an accrual basis; and
(b) include a list of budget assumptions; and
(c) include a list of initiatives in the budget; and
(d) include a list of major capital works and projected costings.
(2) If budgeted capital expenditure for a capital item is expected to be incurred after the period provided for in the long-term financial plan, the long-term financial plan must include a statement setting out the remaining budget balance amount and the expected capital expenditure completion date.