Issue details

Medium Term Financial Strategy 2023/24 to 2025/26 Update

The report provides an update on the council’s finances, financial strategy and risks. The report also includes details a range of cost savings, asset disposals and transformation proposals for noting, delegation and agreement.

 

Decision type: Key

Reason Key: Expenditure > £1,000,000;

Decision status: For Determination

Wards affected: (All Wards);

Notice of proposed decision first published: 21/11/2022

Reason for urgency:
The report includes a range of delegations, information for noting and recommendations for agreement. First scheduled as a non-key decision, a review of the latest report and recommendations, means the decision type has changed, and submitted under general exception.
The report includes details a range of cost savings, asset disposals and transformation proposals, which, due to the overall on-going financial position of the council, cannot reasonably be delayed.

Financial Impact: Expenditure or savings of up to £1,000,000;

Decision due: 30 Nov 2022 by Cabinet

Lead member: Cabinet Member for Finance

Lead director: Interim Corporate Director of Resources (Section 151)

Department: Resources Directorate

Contact: Jane West, Corporate Director of Resources and S151 Officer Email: jane.west@croydon.gov.uk.