Decision details

Medium Term Financial Strategy 2024-2027 Quarter 1 Update - JUL23/CAB/24

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

This report is submitted for Cabinet to consider under its Terms of Reference No. 3.2.1, “To take collective responsibility for the delivery of all strategic Executive functions within the Council’s Major Policy and Budget Framework and lead the Council’s overall improvement programmes to delivery excellent services.”

Decision:

Cabinet considered the report and RESOLVED to:

 

1.     Consider and note the revised financial assumptions included within this Medium-Term Financial Strategy 2024- 2027 Quarter one update.

2.     Approval the revised disposal plan.

Reasons for the decision:

This report provides an update on the Council’s Medium Term Financial Strategy and will support the delivery of the Council setting a lawful and balanced budget for 2024/25.

 

The Disposal Plan outlined in Appendix B is an updated version of the plan presented to Cabinet in September 2022, and is in line with the Councils outline Asset Management Plan, approved by Council on 22 February 2023.

Alternative options considered:

No alternative option has been considered.

Interests and Nature of Interests Declared:

None.

Background Documents:

No specific background documents used.

Publication date: 10/07/2023

Date of decision: 10/07/2023

Decided at meeting: 10/07/2023 - Cabinet

Effective from: 14/07/2023

Accompanying Documents: