Issue - decisions

MTFP Update Report

29/10/2021 - MTFP Update Report

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.