Medium Term Financial Strategy Update Report 2027-2031
July 22, 2026 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
The Cabinet decided to approve the Medium Term Financial Strategy Update Report 2027-31 on 22/07/2026. The report noted a budget gap of £19.096m for 2027-28 and a cumulative gap of £93.217m for 2027-28 to 2029-30. The council confirmed its commitment to delivering agreed revenue savings totalling £53.193m across these years.
Full council record
Purpose
The Medium Term Financial Strategy Report will provide an update on the economic outlook, pressures, risk areas and set out the revenue funding deficit for 2027-31 together with proposals to close the funding gap
Related Meeting
Cabinet - Wednesday, 22 July 2026 - 5.00 pm on July 22, 2026
Supporting Documents
Details
| Reference | Call-ins0 |
| Outcome | Recommendations Approved |
| Decision date | 22 Jul 2026 |
| Effective from | 5 Aug 2026 |
| Expected date | 22 Jul 2026 |
| Originally due | 22 Jul 2026 |
| Lead officer | Amaris Wong |
| Subject to call-in | Yes |