Decision details

Medium Term Financial Strategy

Decision Maker: Cabinet

Decision status: Recommendations Approved (subject to call-in)

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

Date comes into force if not called in: 19/10/2017

Call-in deadline date: 18/10/2017

Current call-in Count: 0

Accompanying Documents: