Decision details

To agree the draft Medium Term Financial Strategy and Efficiency Plan for recommendation to Council.

1.  That the draft Medium Term Financial Strategy and Efficiency Plan set out at Appendix A to the report of the Director of Finance and Business Improvement be agreed.

2.  That it be recommended to Council that the Government’s offer of a four year funding settlement be accepted, subject to recommendation 3.

3.  That it be recommended to Council that authority be delegated to the Chief Executive and the Section 151 Officer, in consultation with the Chairman and Vice-Chairman of the Policy and Resources Committee, to make any amendments to the Efficiency Plan, within the parameters of the agreed Medium Term Financial Strategy, that may be required based on emerging new information between now and the submission deadline.