Decision details
Spending Review and Capital Programme Review Update
Decision Maker: Cabinet
Decision status: Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
The report provides and update on the process to review the Council’s spending and budgets in support of developing the Medium Term Financial Plan for 2016/17 to 2019/20 in light of the significant financial challenge that the Council is likely to face over this period.
Decision:
RESOLVED (unanimously) that:
1) Work should be undertaken to produce a 4-year Medium Term Financial Plan covering the financial years 2016/17 to 2019/20.
2) Work that has already commenced to review the Council budgets and spending as part of the Strategic Review to support the development of this Medium Term Financial Plan is noted and should continue to be progressed.
Reasons for the decision:
The recommendations made are to note the report and progress made in support of developing the Council Budget in accordance with relevant local government financial regulations.
Alternative options considered:
It is envisaged that the Spending Review will identify options for consideration and appropriate consultation to support the development of the Budget for approval by the Council in February 2016.
Report author: Tim Richens
Publication date: 09/07/2015
Date of decision: 08/07/2015
Decided at meeting: 08/07/2015 - Cabinet
Effective from: 17/07/2015
Accompanying Documents:
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