Decision details

1)         The Cabinet noted the contents of the report, including:

•           The General Fund element of the updated Medium-Term Financial Plan (2022/23 to 2026/27);

•           The Housing Revenue Account element of the updated Medium-Term Financial Plan (2022/23 to 2026/27), including the anticipated impact on the 2021/22 budget outturn; and

2)         The Cabinet discussed and agreed actions required, including the assumptions contained in the MTFP and the potential options for addressing the underlying budget deficit in order to set a balanced budget for 2022/23.