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Following consideration, the Committee
unanimously resolved to agree:
(1)     
The proposed approach to be taken to 2024/25 budget setting and the
Medium Term Financial Strategy 2024-28,
as set out in the report;
(2)     
That officers should work with Policy Committee Chairs, as set out
in section 7 of the report, to produce specific income generation
and savings options, in addition to savings already targeted, to
meet the initial projected deficit of £2.5m per annum by
2027/28;
(3)     
That owing to the Council’s projected budget deficit, any
additional new revenue growth items (i.e. service enhancements resulting in increased net
expenditure) supported by Policy Committees will need to be fully
funded from existing budgets;
(4)     
That the emerging annual / business plan and the budget process are
aligned to ensure that any commitments are affordable;
(5)     
The budget reporting timetable in Appendix 1 to the report.