Medium Term Financial Strategy

July 9, 2025 Mayor and Cabinet (Other) Key decision Awaiting outcome 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 note the risks with regards to the uncertainty of future government funding, agree the 2026/27 to 2029/30 Medium Term Financial Strategy (MTFS), and note that the budget gap in the current MTFS will be revised once more information on the funding reform is available.

Full council record
Content

It was MOVED, SECONDED and RESOLVED:
 

To note the risks with regards to the uncertainty of future
government funding; and the potential for this to impact negatively
on the forecast balanced budget position for 2026/27;
To agree the 2026/27 to 2029/30 Medium Term Financial Strategy
(MTFS); and
To note that the budget gap in the current MTFS will be revised
once more information on the funding reform is available which will
inform whether the Council will need to commence another round of
savings in 2025/26.

Supporting Documents

Medium-Term Financial Strategy Update - Period 2 - Sign off sheet.pdf
Medium-Term Financial Strategy Update - Period 2 - Report.pdf

Details

OutcomeFor Determination
Decision date9 Jul 2025