Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: December 3, 2024

Purpose:

Content: (i)                  That the first draft savings proposals as set out in Appendix A and Appendix B to the report, be noted.   (ii)                 That the revised Medium Term Financial Strategy (MTFS) funding gap (Appendix C), be noted.   (iii)               That any surplus funds identified when setting the budget to be transferred to Reserves in order to achieve future financial resilience, be approved.   (iv)               That the commencement date of the Budget Consultation period as mid-November to mid-December 2024, be noted.   (v)                That the first draft savings proposals be referred to the Finance, Assets and Performance Scrutiny Committee for their views (Appendix A and Appendix B).   (vi)               That the refreshed Medium Term Financial Strategy (MTFS) (Appendix D) be referred to the Finance, Assets and Performance Scrutiny Committee for their views.   (vii)             That the Mid-Year Capital Estimates for 2024/25, be approved.   (viii)            That the proposed setting of Council Tax at 1.99 per cent for 2025/2026, be noted