Decision details

2021/22 Budget and 2021-26 Medium Term Financial Strategy - Background Information and Proposals from Corporate Board

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


Details of the proposed Medium Term Financial Strategy for the 5 years' budget from 2021 to 2026. This includes revenue and capital strategies and budget proposals to balance funding and expenditure


That Cabinet agrees to:


(1)      Develop their draft 2021/22 Budget and 2021-26 Medium Term Financial Strategy proposals, taking into account the information presented in this report and the views of Corporate Board on that information;


(2)      Authorise Corporate Board to begin any preparatory work necessary to deliver the budget proposals, prior to the final decision on the budget on 8 February 2021; and


(3)      Ask Corporate Board to continue work to identify further invest-to-save opportunities that improve the efficiency and effectiveness of the Authority, minimise the service reductions needed and release some of the reserves being used to balance the Medium Term Financial Strategy to deliver the ambitions of the Council Plan.

Report author: Andrew Healey

Publication date: 11/12/2020

Date of decision: 10/12/2020

Decided at meeting: 10/12/2020 - Cabinet

Effective from: 18/12/2020

Accompanying Documents: