Issue - meetings

2020-2025 Medium Term Financial Plan

Meeting: 04/02/2020 - Cabinet (Item 85)

85 2020-2025 Medium Term Financial Plan pdf icon PDF 1018 KB

Report of the Strategic Director of Housing and Customer Services

Presented by the Corporate Portfolio Holder

Minutes:

The Head of Finance presented the report to Members.

 

Members noted the summary of the revisions to the Council’s Medium Term Financial Plans which aligned with the final budgets presented to Cabinet.  The position included Journey to Self-Sufficiency savings of 5.1million pounds and if they were not delivered the deficit would be significantly higher.

 

It was moved by Councillor R D Bayliss, seconded by Councillor R Blunt and

 

RESOLVED THAT:

 

1.      The revised Medium Term Financial Plans be approved.

 

2.      The progress of the Journey to Self Sufficiency Programme be noted.

 

Reason for decision: To keep Members up to date in respect of the Council’s five-year financial projections.