Decision details

Updated Medium Term Financial Plan (MTFP) 2025/26 to 2029/30 (including Budget Strategy 2025/26

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

(1a)      The Cabinet noted the General Fund element of the updated Medium-Term Financial Plan (2025/26 to 2029/30) (Appendix A of the agenda report); and

 

(1b)      The Cabinet noted the Housing Revenue Account element of the updated Medium-Term Financial Plan (2025/26 to 2029/30) (Appendix B of the agenda report).

 

(2)        The Cabinet considered the potential options for addressing the underlying budget deficit and would look at where savings and efficiencies could be made, in addition to where income generation could be achieved, to set a balanced and sustainable budget for 2025/26.

Report author: Christopher Hartgrove

Publication date: 14/10/2024

Date of decision: 07/10/2024

Decided at meeting: 07/10/2024 - Cabinet

Effective from: 22/10/2024

Accompanying Documents: