Issue - meetings

Medium Term Financial Strategy 2016/17 Onwards - Update

Meeting: 27/01/2016 - Policy and Resources Committee (Item 146)

146 Report of the Head of Finance and Resources - Medium Term Financial Strategy 2016/17 Onwards - Update pdf icon PDF 89 KB

Additional documents:

Decision:

1)  That the impact of the provisional local government finance settlement on the Council’s medium term financial strategy be noted;

2)  That the additional savings and efficiencies, as set out in Appendix B to the report of the Head of Finance and Resources, be agreed; and

3)  That the potential efficiency plan for the period to 2020/21, as set out in Appendix D to the report of the Head of Finance and Resources for inclusion in the medium term financial strategy, be agreed.

Minutes:

Members considered the report of the Head of Finance and Resources on the Medium Term Financial Strategy 2016/17 Onwards – Final Review which sets out the impact of the Government’s provisional financial settlement on the Council’s Medium Term Financial Strategy.

 

The Committee wished to give their vote of thanks to the Head of Finance and Resources and all the other Heads of Service who had worked very hard to make sense of the provisional financial settlement and find the appropriate savings.

 

RESOLVED:

 

1)  That the impact of the provisional local government finance settlement on the Council’s medium term financial strategy be noted;

Voting;  For:  14  Against:  0  Abstentions:  0

2)  That the additional savings and efficiencies, as set out in Appendix B to the report of the Head of Finance and Resources, be agreed; and

Voting:  For:  14  Against:  0  Abstentions:  0

3)  That the potential efficiency plan for the period to 2020/21, as set out in Appendix D to the report of the Head of Finance and Resources for inclusion in the medium term financial strategy, be agreed.

Voting:  For:  13  Against:  1  Abstentions:  0