Medium Term Financial Planning Assumptions Update 2025/26 - 2028/29

October 2, 2025 Corporate Policy Committee (Committee) In call-in window View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to note the updated budget assumptions for the period 2026/27 to 2029/30 including sensitivity analysis, to note the Finance Sub-Committee's recommendation to work with officers and members to bring forward further budget change proposals to assist with presenting a balanced budget for 2026/27 (making use of Exceptional Financial Support) for consultation in November 2025, to delegate to the S151 Officer the permission to continue dialogue with MHCLG on the continued use of Exceptional Financial Support over the life of this MTFS (2029/30) with regular updates to be provided to Chair and Vice Chair of both Corporate Policy Committee and Finance-Sub Committee on progress made, and to approve the approach to consultation and engagement, including immediate engagement during October through a high level prioritisation survey and a full consultation on potential detailed budget change proposals from the beginning of November through to the end of January 2026.

Full council record
Purpose

To consider the update report on the
development of the Medium Term Financial Strategy 2026 to 2030 and
agree the budget consultation process and timescales

Supporting Documents

Medium Term Financial Planning Assumptions Update 202627 - 202930 Corporate Policy Committee Dec.pdf
Appendix 1 for Medium Term Financial Planning Assumptions Update 202526 - 202829 Corporate Policy.pdf

Details

OutcomeRecommendations Approved (subject to call-in)
Decision date2 Oct 2025