The Local Government Operation Act of 2017 mandates that rural municipalities and municipalities in Nepal develop periodic, annual, and strategic medium- and long-term plans for local-level development. Guided by directives from the National Planning Commission, these plans outline visions, goals, and strategies across social, economic, and physical domains, crucial for sustainable development amidst political stability. These plans integrate governance, environmental considerations, and social inclusion by emphasizing alignment with sustainable development goals and national policies. As primary governance agents, local governments are tasked with formulating these plans to enhance prosperity and socio-economic development within constitutional frameworks. This study examines the objectives, formulation processes, and comparative analysis of periodic plans across Jiri Municipality, Mahankal Rural Municipality, Gauri Shankar Rural Municipality, and Mahalaxmi Municipality in Nepal. It compares their long-term visions, SWOT analyses, sector-wise budgetary allocations, strengths, weaknesses, opportunities, and threats. The findings highlight distinct priorities and challenges each municipality faces, offering insights into tailored strategies for balanced and sustainable development.