A Guide to Financial Metrics
The purpose of this guidance note is to support the Towns to think through how different types of measures can be used to assess success for their intended outputs and outcomes.
It enables Towns to understand which measures are best suited to their needs dependent upon the interventions proposed and the context of their place. This will allow them to not only prepare a TIP which considers the preferred option(s) but allows them to consider a suite of scenarios as part of their internal thinking.
The guidance note will provide information for each key financial metric, including:
A brief description
‘What good looks like’
Opportunities for Towns to present their view on specific metrics