Purpose

This report sets out the overall financial
position facing the Council and highlights the significant risks,
issues and uncertainties with regards to the Council’s Medium
Term Financial Strategy (MTFS).

Content

Cabinet RESOLVED to:
 

(1)    Note the contents of
the report and the potential financial impact on the
Council’s Medium Term Financial Strategy, as set out within
the report.
 

(2)    Agree the budget
setting process for 2025-26, as set out in section nine of the
report.
 

(3)    Endorse the response to
the Minister for Local Government on Brent’s productivity
plans, as set out in Appendix A of the report.
 

(4)    Note and agree the
proposed 2023-24 capital budget carry forwards and capital
virements for 2024-25 as set out in section ten of the report.
 

(5)    Note the financial
position with regards to the Housing Revenue Account, as set out in
section eleven of the report.
 

(6)    Note the financial position
with regards to Schools and the Dedicated Schools Grant, as set out
in section twelve of the report.

 
Eligible for call-in:
Yes

 

Deadline for submission of call-in: 6pm on Monday
22 July 24