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Medium Term Financial Strategy 2019-20

Meeting: 11/07/2018 - Mayor and Cabinet (Item 261)

261 Medium Term Financial Strategy 2019-20 pdf icon PDF 29 KB

Additional documents:

Decision:

Having considered an officer report and a presentation by the Cabinet

Member for Finance, Skills and Jobs, Councillor Amanda De Ryk, the Mayor

and Cabinet agreed that:

 

(1) the 2019/20 to 2022/23 Medium Term Financial Strategy be endorsed;

 

(2) a further update be brought back as part of the cuts and budget setting

process to reflect any changes arising from the Autumn Budget or Local

Government Finance Settlement;

 

(3) the lifting of the Departmental Expenditure Permission (DEP) / Corporate

Expenditure (CEP) process take place except for those services that

overspent in 2017/18 and implementation be delegated to the Executive

Director for Resources and Regeneration; and

 

(4) the revised Treasury and Capital Strategies at Appendix 3 and 4 be

endorsed.

Minutes:

Having considered an officer report and a presentation by the Cabinet

Member for Finance, Skills and Jobs, Councillor Amanda De Ryk, the Mayor

and Cabinet, for the reasons set out in the report, by 8 votes to nil

 

RESOLVED that:

 

(1) the 2019/20 to 2022/23 Medium Term Financial Strategy be endorsed;

 

(2) a further update be brought back as part of the cuts and budget setting

process to reflect any changes arising from the Autumn Budget or Local

Government Finance Settlement;

 

(3) the lifting of the Departmental Expenditure Permission (DEP) / Corporate

Expenditure (CEP) process take place except for those services that

overspent in 2017/18 and implementation be delegated to the Executive

Director for Resources and Regeneration; and

 

(4) the revised Treasury and Capital Strategies at Appendix 3 and 4 be

endorsed.