Issue - meetings

Draft Medium Term Financial Strategy 2019/20 - 2023/24

Meeting: 13/11/2018 - Communities, Housing and Environment Committee (Item 99)

99 Draft Medium Term Financial Strategy 2019/20 - 2023/24 pdf icon PDF 65 KB

Additional documents:

Minutes:

Ms Ellie Dunnet, Head of Finance, informed the Committee that the Draft Medium Term Financial Strategy 2019/20 - 2023/24 was presented for consideration and comment.  Ms Dunnet explained that as there was financial uncertainty for the period of 2020 onwards, three scenarios had been modelled to reflect neutral, adverse and favourable revenue projections.  It was stated that the Draft Medium Term Financial Strategy was to be developed alongside the New Strategic Plan, to ensure consistency.

 

The Committee commented that the Draft Strategy was well balanced considering the financial uncertainties that were being faced.  Consideration was given to the commercialisation of services such as Grounds Maintenance, as well as the promotion of economic development through the acquisition of land and commercial property to generate rental income.

 

Officers agreed to provide further information on the Grounds Maintenance Service to the Committee.

 

RESOLVED: That the feedback and suggestions provided by the Committee be noted and shared with Officers.

 

Voting: Unanimous