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Decision details
Medium Term Financial Strategy and 2019/20 Mid-Year Financial Review
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
The council looks to forecast its financial position over the medium term in order to ensure it can align corporate objectives with available resources.
The Medium Term Financial Strategy seeks to identify the financial risks that will affect the annual budgets for each of the next 4 years (2019/21 to 2023/24) in order that key priorities can be matched to expected funding.Decision:
1. Approve the Medium Term Financial Strategy.
2. The Council take the robust actions necessary in this financial year and
throughout the 2020/21 budget processes to achieve a sustainable budget.
Report author: Peter Grace
Publication date: 03/09/2019
Date of decision: 02/09/2019
Decided at meeting: 02/09/2019 - Cabinet
Accompanying Documents:
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