Decision details
Medium Term Financial Strategy
Decision Maker: Cabinet
Decision status: Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
The report will set out the challenges and some of the options to enable the Council to deliver a balanced budget over the next 5 years. The main focus will be on the financial constraints within which the Council is operating over the next 2 financial years – 2018/19 and 2019/20.
Decision:
RESOLVED (unanimously) that the Cabinet agreed to:
1) Approve the attached Medium Term Financial Strategy and the recommendations outlined in that strategy;
2) Recommend approval of the Efficiency Strategy to Council.
Reasons for the decision:
The rationale for the recommendations is contained in the supporting paper to this report.
Alternative options considered:
The supporting paper outlines other options for balancing future budgets.
Report author: Donna Parham
Publication date: 11/10/2017
Date of decision: 11/10/2017
Decided at meeting: 11/10/2017 - Cabinet
Effective from: 19/10/2017
Accompanying Documents: