Purpose

To consider the
draft proposals for the 2024/25 Budget and Revised Medium Term
Financial Strategy 2024/25 to 2027/28
 

Decision

 
Note the 2023/24 current year
forecast outturn position as detailed in section 5.
 
Note the revised Medium Term
Financial Strategy position set out in section 8 and the risks and
sensitivities associated with the forecast and the contingency
plans set out in section 18.
 
Note that consultation will run
for 7 weeks during November and December 2023 as detailed in
section 25.
 
Approve the budget proposals for
consultation detailed in sections 9 to 14 with the Equality Impact
Assessments (EIAs) detailed in Appendix 2.
 
Note that this update shows a
balanced budget in 2024/25 and 2025/26, with a residual budget gap
in future years of the MTFS that will need addressing following any
update on central government funding from the provisional local
government finance settlement (PLGFS).