December Finance Planning and Medium Term Strategy Report 2024 to 2029

December 9, 2024 Cabinet (Cabinet collective) Key decision Approved View on council website

This 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 £70 million funding gap over the next four years, the Cabinet approved proposed savings outlined in the report, acknowledged the need for further savings, and instructed Corporate Directors to identify additional savings for future years, while also noting the upcoming Provisional Local Government Finance Settlement.

Full council record

Purpose

The December Financial Planning and Medium
Term Strategy Report will provide an update on the economic
outlook, pressures, risk areas and set out the revenue funding
deficit for 2024-29 together with proposals to close the funding
gap.

Related Meeting

Cabinet - Monday 9 December 2024 5.00 pm on December 9, 2024

Supporting Documents

DFPR24 DRAFT 003.pdf
Appendix 1 2025_2029 New Savings Proposals FINAL.pdf
Extract Draft minutes of the Overview and Scrutiny Committee - 2 December 2024 004.pdf

Details

OutcomeRecommendations Approved
Decision date9 Dec 2024
Subject to call-inYes