Decision details
2023/24 Medium Term Financial Strategy
Decision Maker: Cabinet
Decision status: Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
The Medium Term Financial Strategy (MTFS) sets out the strategic direction and priorities for the Council as well outlining the financial context and challenges the Council faces over the next five years and the strategy that will be used to inform its annual budget process.
Decision:
To approve the Medium Term Financial Strategy.
Reasons for the decision:
The Medium Term Financial Strategy provides a framework for strategic planning, articulating the organisation’s key aims and ambitions and guiding activities with medium term budget setting and planning.
Alternative options considered:
Appendix 1 outlines options for balancing future budgets.
Report author: Andy Rothery
Publication date: 11/11/2022
Date of decision: 10/11/2022
Decided at meeting: 10/11/2022 - Cabinet
Effective from: 19/11/2022
Accompanying Documents: