2025/26 Strategic Financial Planning

July 23, 2024 Strategy and Resources Committee (Committee) Awaiting outcome View on council website
Full council record
Content

Following consideration, the Committee
unanimously resolved to agree:
(1)      
to note the recommendations of Financial Strategy Advisory Group
held on 12 July 2024;
(2)      
the proposed approach to 2025/26 budget setting as set-out in the
report to Financial Strategy Advisory Group at Appendix 2 to the
report, in particular;
·      
That officers work to progress the workstreams set out in section 7
of Appendix 2 to the report to produce specific income generation
and savings options, in addition to savings already targeted, to
meet the projected budget deficit of £720,000 per annum by
2028/29;
·      
That the proposed Five Year Plan and the
budget process are aligned to ensure that any commitments are
affordable;
·      
The budget reporting timetable as supported by Financial Strategy
Advisory Group.

Supporting Documents

202526 Strategic Financial Planning.pdf
202526 Strategic Financial Planning Appendix 1.pdf
202526 Strategic Financial Planning Appendix 2.pdf

Details

OutcomeFor Determination
Decision date23 Jul 2024