Purpose

The Cabinet will be presented with
an update on the Council’s MTFS for 2024/25 to 2026/27 and
the Budget Strategy 2025-26, and will be asked to approve
any appropriate updates or amendments to reflect the
latest position.

Content

Cabinet resolved to:
 
(i)  Note the
latest MTFS projections and forecast budget gap for 2025/26 of
£25.9m;
 
(ii)  Note the
assumptions set out in the report underlying those forecasts as
well as the financial risks and uncertainties;
 
(iii)  Note the outline
budget setting timetable for 2025/26 as set out in section 10 of
the report; and
 
(iv)  Approve the Budget
Strategy and approach to setting the 2025/26 budget as set out in
section 9 of the report.