Medium Term Financial Strategy
July 9, 2025 Mayor and Cabinet (Other) Key decision Awaiting outcome 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 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
Decision
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.
Related Meeting
Mayor and Cabinet - Wednesday, 9th July, 2025 6.00 pm on July 9, 2025
Supporting Documents
Details
| Outcome | For Determination |
| Decision date | 9 Jul 2025 |
| Expected date | 9 Jul 2025 |
| Originally due | 9 Jul 2025 |
| Lead officer | Â Katharine NiddNotice of decision: 06/05/2025 |