December Finance Planning and Medium Term Strategy Report 2023 to 2028
December 18, 2023 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 projected funding gap of £38.259m for 2024-28, the Cabinet approved changes to the Medium Term Financial Strategy, noted previously agreed and proposed savings totaling £35.406m, and acknowledged the budget's dependence on ongoing considerations and the uncertainty surrounding government funding and demand pressures.
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 2023-28 together with proposals to close the funding
gap.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 18 Dec 2023 |
| Subject to call-in | Yes |