Issue - meetings

Report of the Resources Portfolio Holder and Corporate Director Resources.

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.