Issue
Issue - decisions
Medium Term Financial Strategy
That
1.
The issues and risks associated with updating the
Medium-Term Financial Strategy be noted;
2.
The assumptions described in the report for planning
purposes and to establish the remit for detailed budget
development, and together with the additional information provided
at Appendix 2, which shows the effect of 0% council tax increase on
the four scenarios presented, be approved;
3.
It be noted that Lead Members on the Executive,
together with Officers and Members of Policy Advisory Committees,
will carry out a detailed review of initial budget proposals. The
purpose of this review will be to identify possible savings
required to eliminate budget gaps; and
4.
The proposed approach outlined to development of an
updated Medium Term Financial Strategy for 2023/24 – 2027/28
and a budget for 2023/24 be approved.