Medium Term Financial Plan (MTFP) and Financial Recovery Plan - November Update Report
November 23, 2023 Executive (Other) Key decision Approved View on council websiteThis 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 Medium Term Financial Plan position and recommend to Council proposed changes to the Approved and Provisional Capital Programmes, aiming to produce a balanced budget for 2024-25 and protect the Council's reserves.
Full council record
Purpose
To agree revisions to the approved and
provisional capital programme.
Content
Decision:
To
note the updated MTFP position and the further work ongoing to
produce a balanced budget for 2024-25.
Recommendation (to Council: 5 December
2023)
That the proposed changes to
the Approved and Provisional Capital Programmes, as set out in
Appendix 1 to the report, be approved.
Reasons:
To enable the Council to protect the current
level of reserves and to set a balanced budget and a robust
Medium-Term Financial Plan.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 23 Nov 2023 |