Decision details
Medium Term Financial Strategy 2024/25 - 2028/29
Decision Maker: Mayor and Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Decision:
It was MOVED, SECONDED and RESOLVED to
1. Note the risks with regards to current year budget reduction measures, the persistent overspends and the uncertainty of future government funding; and the potential for this to impact negatively on the forecast balanced budget position for 2024/25; and
2. Agree the 2024/25 to 2027/28 Medium Term Financial Strategy (MTFS) and outline approach being taken to identify budget reduction proposals required to meet the remaining estimated budget gap of £15m over the next four years
Report author: Kathy Freeman
Publication date: 21/07/2023
Date of decision: 19/07/2023
Decided at meeting: 19/07/2023 - Mayor and Cabinet
Accompanying Documents:
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