Medium Term Financial Strategy 2025/26+ update

July 24, 2024 Cabinet, Council (Other) Key decision Approved View on council website

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Summary

... to note a forecasted £27.3m resourcing gap for 2025/26, increasing substantially in subsequent years, the potentially significant financial risks to the Medium Term Financial Strategy (MTFS), and that the MTFS will be continuously updated.

Full council record
Content

Noted
a forecasted £27.3m overall resourcing gap in
2025/26, increasing substantially each year thereafter (Section 7
of the report)
 
Noted
the potentially significant financial risks to the
MTFS going forward (Section 6 of the report)
 
Noted
that the MTFS is a continuous process and will be
updated on a regular basis

Supporting Documents

Medium Term Financial Strategy 202526 update.pdf

Details

OutcomeRecommendations Approved
Decision date24 Jul 2024