This
report sets out the background to be considered in developing a
Medium Term Financial Strategy (MTFS) for the five-year period
2025/26 to 2029/30. It describes the issues and risks involved,
starting with the Council’s current financial position, and
possible factors that may arise in further developing the strategy.
The report concludes by setting out the subsequent steps involved
in developing an updated MTFS and agreeing budget proposals for
2025/26.
Decision type: Non-key
Decision status: Recommendations Approved (subject to call-in)
Notice of proposed decision first published: 26/06/2024
Decision due: 24 Jul 2024 by Cabinet
Lead member: Cabinet Member for Corporate Resources
Lead director: Director of Finance and Business Improvement
Department: Finance
Contact: Mark Green, Director of Finance, Resources & Business Improvement Email: markgreen@maidstone.gov.uk.
