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: