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Details
Business Item
Draft Medium Term Financial Strategy
Date of Decision
Tue 7 Dec 2021
Description
Report of the Cabinet Member with responsibility for Resources
Matter for Decision (to consider...)
To approve an updated draft Medium Term Financial Strategy (MTFS), taking account of new and revised risks in order for the Council to set a balanced budget that delivers its priorities for the period under review 2021/22 (revision of the current year budget) to 2025/26.
Service Area
Financial Services, Corporate Performance & Risk Management
Service Area 2
Not Applicable
Background Papers:
As detailed in the attached report.
Is Decision District Wide
Yes
Decision Made
1. That the draft Medium Term Financial Strategy attached as Appendix A of report ES/0962 be approved.
2. That it be approved that Members and officers develop proposals to set a balanced budget for 2022/23 and beyond.
Reason for Decision
To approve an updated draft Medium Term Financial Strategy, taking account of new and revised risks in order that the Council will be able to set a balanced budget that delivers its priorities for the period under review 2021/22 (revision of the current year budget) to 2025/26.
Alternative Options Considered and Rejected
Setting a balanced budget for the coming year is a statutory requirement, therefore no other options were considered appropriate.
Any Declarations of Interest Declared
None.
Any Dispensation Granted
None.
Decision Criteria
This Decision does not contain any decision criteria records.
Wards
This Decision does not contain any Ward records.
Topics
This Decision does not contain any Topic records
Overview and Scrutiny
This Decision does not contain any Overview and Scrutiny records.
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Decision History
20/12/2021 09:55:39 | Maxine Green | Status Changed | Implemented [7] |
30/12/2021 10:56:03 | Karen Cook | Status Changed | Implemented [7] |
02/02/2022 11:08:34 | Maxine Green | Status Changed | Implemented [7] |
Approval/Comments
No history found.