Purpose

To present to members the updated Medium Term Financial Plan for 2027 to 2032.

Decision

a) approved the Medium-Term Financial Plan (MTFP) 2027-2032 as set out ion Appendix A, along with the financial assumptions and modelling used to forecast resources and pressures over the MTFP period.

b) noted the projected budget gap of £283K in 2027/28 and the cumulative gap pf £1.398million through to 2031/32.

c) noted the adequacy of General Fund balances.

d) noted the financial planning framework and timetable for future reporting and decision-making.