Agenda item

2024-28 Medium Term Financial Strategy Update




1.1.         Note the updated financial forecast and medium-term financial strategy assumptions set out in this report.


1.2.         Note the positive dialogue with DLUHC to develop a further package of support in order to set a sustainable and balanced budget for the future years 2024-25 to 2027-28.


1.3.         Approve a period of public engagement, as set out in Section 4, on the proposals for returning the Council to financial and operational sustainability including the savings and growth proposals set out in Appendices B and B1.


1.4.         Note the outcome of the public engagement will be reported back to the Executive Mayor in Cabinet as part of the budget and council tax setting decision making.


1.5.         Consider the outcome of the review of the Council Tax Support scheme at paragraphs 3.46 to 3.54 of this report.


1.6.         To approve the recommendation to Full Council that the Council Tax Support scheme is not changed from that agreed by Full Council resolution on 1st March 2023.

Supporting documents: