Medium Term Financial Strategy Update (Key)
November 11, 2025 Cabinet (Cabinet collective) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to address a forecast budget gap of £143m for 2026/27 and £230m for 2027/28, the Cabinet approved changes to the capital programme and reserves transfers, and agreed to continue engaging with MHCLG officials regarding potential Exceptional Financial Support, while also noting the progress of the SP25 savings program and the commencement of a budget consultation.
Full council record
Purpose
To consider a report of the
Director of Corporate Operations on financial forecasts for the
next two financial years, taking into account the latest
information from the in-year monitoring and the impact of proposed
funding changes.
Related Meeting
Cabinet - Tuesday 11 November 2025 11.30 am on November 11, 2025
Details
| Outcome | Recommendations Approved |
| Decision date | 11 Nov 2025 |
| Subject to call-in | Yes |