(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.