Decision details

Medium Term Financial Plan Update Report

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


To receive the Medium Term Financial Plan, including:

·         Update on rolled MTFP

·         Budget process

·         Service savings targets



(a)             the budget planning process as referenced in paragraph 15 be approved;

(b)             the timeline for key financial reports during 2019/20 as set out in Appendix A of the report be approved;

(c)             the financial strategy as referenced in paragraphs 28 to 31 and as set out in Appendix C of the report be approved;

(d)             the updated MTFP position and the key financial planning assumptions as set out in Appendix B of the report be noted; and

(e)             the CIPFA Financial Management Code of Practice be noted.


Voting: Unanimous



1.               To comply with accounting codes of practice and best practice which requires Councils to have a rolling multi-year medium term financial plan.

2.               To ensure Members prepare to set a balanced budget for 2020/21.

3.               To provide Cabinet with the latest high level overview of the medium term financial plan position for Bournemouth, Christchurch and Poole Council.

4.               To present a proposed financial strategy to support the delivery of a balanced budget for 2020/21.

Publication date: 14/06/2019

Date of decision: 12/06/2019

Decided at meeting: 12/06/2019 - Cabinet

Accompanying Documents: