Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To consider the council’s Medium Term
Financial Plan for the next 3 years.
The Resources Portfolio Holder and the Corporate Director Resources (Section 151 Officer) submitted a report asking Cabinet to consider the council’s Medium Term Financial Plan for the financial years 2022/23 to 2026/27.
Decisions
Cabinet
· considered the Medium Term Financial Plan for the financial years 2022/23 to 2026/27and the consequential action required in order to address the issues resulting from the five year Financial Forecast (current year plus four years);
· noted the revised expenditure projections incorporating the slippage from 2021/22, and the resulting impact on the level of the council’s Reserves and Balances at 31 March 2022
· agreed the top-up and use of all Reserves and Balances as indicated in Appendix 3 to the Medium Term Financial Plan.
Cabinet thanked Clare James and her team for the report and for the presentation provided.
Report author: Clare James
Publication date: 20/12/2022
Date of decision: 19/10/2022
Decided at meeting: 19/10/2022 - Cabinet
Effective from: 27/10/2022
Accompanying Documents: