Budget 2027/28 and MTFS 2027-2031

October 19, 2026 Cabinet (Cabinet collective) Key decision In call-in window 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

The Cabinet decided to approve recommendations for the Budget 2027/28 and Medium Term Financial Strategy 2027-2031 on 19 October 2026. The decision included endorsing a refreshed four-year financial strategy, agreeing new savings proposals for 2027/28 to 2030/31, and referring these to Overview and Scrutiny panels. The Cabinet also agreed to consider emerging draft Equalities Impact Assessments for each saving.

Full council record

Purpose

Report on savings proposals and the Medium Term Financial Strategy

Decision

RESOLVED:

A That Cabinet notes the Financial Strategy (Appendix 1) and endorses the refreshed approach to the Medium Term Financial Strategy as a four-year financial strategy, which aligns resources with the Council Plan, supports long-term financial sustainability, strengthens corporate ownership of savings delivery, and provides the framework for prioritising investment, managing risk and maintaining financial resilience.

B. That Cabinet considers and agrees the new savings proposals for 2027/28 to 2030/31 (Appendix 2) and refers them to the Overview and Scrutiny panels and Commission in November 2026 for consideration and comment.

C. That Cabinet considers the emerging draft Equalities Impact Assessments (Appendix 3) for each saving, where applicable, and refers them to the Overview and Scrutiny panels and Commission in November 2026 for consideration and comment.

Related Meeting

Cabinet - Monday 19 October 2026 7.15 pm on October 19, 2026

Supporting Documents

Budget report Appendices.pdf

Details

ReferenceCall-ins0
OutcomeRecommendations Approved (subject to call-in)
Decision date19 Oct 2026
Expected date19 Oct 2026
Originally due19 Oct 2026
Lead officerAmy Dumitrescu
Subject to call-inYes