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