RESOLVED that Cabinet note: -
(a) the current budget position for 2022/23; and
(b) the progress made in refreshing the MTFP and its extension to cover the five-year period to 31 March 2027.
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.