MEDIUM TERM FINANCIAL PLAN UPDATE AND BUDGET SETTING PROCESS FOR 2025/26

October 16, 2024 Cabinet (Cabinet collective) Approved View on council website
Full council record
Content

That Cabinet notes a modelled initial budget
shortfall of £11.4 million to be addressed.
 
That Cabinet sets an expectation that the
budget build for 2025/26 will recognise priorities set within the
Community and Corporate Plan with reducing the impact of inequality
on citizens and climate change on communities being central to all
considerations.
 
That Cabinet adopts the budget planning
framework and timetable outlined in Appendix 1 and 2.
 
That Cabinet note the current progress
indicated against the Medium Term Financial Strategy delivery plan
as outlined in Section 13 of Appendix 1.

Related Meeting

Cabinet - Wednesday, 16th October, 2024 4.30 pm on October 16, 2024

Supporting Documents

20241016 Cabinet - MTFP update and budget process - Covering report.pdf
20241016 Cabinet - MTFP update and budget process - Appendix 1 - MTFP update and BPF.pdf
20241016 Cabinet - MTFP update and budget process - Appendix 2 - Budget timetable.pdf

Details

OutcomeRecommendations Approved
Decision date16 Oct 2024