Decision details
Financial Prospects Report 2020/21 to 2025/6
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
The Council’s Medium-Term Financial Strategy (MTFS) covering the period up to 2025/26 rolls forward the data in the existing approved MTFS. The Strategy amends certain assumptions contained in it to reflect changes in the Council’s circumstances and other issues that have a strategic bearing on the Council’s financial prospects.
Decision:
The Cabinet
RESOLVED – That
(1) The core assumptions set out in the Medium-Term Financial Strategy and the current financial position be agreed;
(2) The significant risks to local government finance that have been clearly outlined in the report be noted and agreed;
(3) The Medium-Term Financial Strategy be approved and be used to set up the Budgetary framework in preparing the 2021/22 Budget.
Report author: Alan Peach
Publication date: 21/09/2020
Date of decision: 21/09/2020
Decided at meeting: 21/09/2020 - Cabinet
Effective from: 01/10/2020
Accompanying Documents: