Draft Financial Strategy 2025/26 - 2029/30
October 16, 2024 Cabinet (Cabinet collective) 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 address a £37.310m budget gap and potential further financial pressures by reviewing and reducing identified pressures and preparing savings options for the coming year to secure a balanced budget.
Full council record
Decision
RESOLVED
3.1. To discuss the emerging pressures for the
coming financial year, including both those pressures that have
been quantified and which result in a gap position of
£37.310m, and also those further pressures that are not yet
quantified and which risk significant further widening of the
gap.
3.2. To require officers to continue work
to
• review and reduce, as far as possible,
identified pressures, and
• prepare savings options for the coming
year, to secure the balanced budget
approved by Council in February
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 16 Oct 2024 |
| Subject to call-in | Yes |