Decision details

RESOLVED that Cabinet: -

(a)           agree the current budget position for 2022/23 and the further improved MTFP position;

(b)           approve the continuation of the current Local Council Tax Support Scheme (LCTSS) into 2022/23; and

(c)           acknowledge the update on the key financial risks.

Voting: Unanimous

Portfolio Holder: Leader of the Council

Reason

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

To provide Cabinet with the latest high-level overview of the medium-term financial plan.

To ensure Members develop a balanced budget for 2022/23.

To ask Cabinet to approve the continuation of the current LCTSS.