Medium-Term Financial Strategy (MTFS) 2025/26 to 2029/30
April 8, 2024 Executive (Other) Key decision Approved View on council websiteFull council record
Content
Following consideration of the
officer report, appendices and discussion, the
Executive:
1.
Recommends approval of the Medium-Term Financial
Strategy (MTFS) for 2025/26 to 2029/30 and the savings targets for
2025/26 to Council.
2.
Recommends that the Council continues with the aim
of avoiding a section 114 notice by taking all of the necessary
actions and continuing to operate as if one had been
issued.
3.
Agreed to receive an updated Medium-Term Financial
Plan in September 2024 which sets out the latest forecasts of
future service costs, income and funding from 2025/26 to
2029/30.
4.
Recommends to continue actively campaigning for the
reform of funding of councils and greater local
freedoms.
5.
Approved that the Financial Control Boards continue
to operate in 2024/25 as set out in Appendix 3 of the
report.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 8 Apr 2024 |
| Subject to call-in | Yes |