Issue - decisions

A Financial Framework for the 2023/24 Medium Term Financial Strategy Refresh

15/07/2022 - A Financial Framework for the 2023/24 Medium Term Financial Strategy Refresh

That Cabinet:

 

1.     Notes the emerging financial position within which the 2023/24 budget and 2023-28 Medium Term Financial Strategy will be developed;

2.     Agrees the strategic principles that will form the basis of the Medium Term Financial Strategy, as set out in paragraph 2.4 of the report;

3.     Subject to the agreement of the principles, approves the proposals for the refresh of the 2023/24 Medium Term Financial Strategy and Capital Strategy, as set out in Sections 3 and 4 of the report ;

4.     Notes the requirement for the Authority to set a sustainable balanced budget which shows how income will equal spend over the short- and medium-term; and

5.     Approves the timetable for agreeing the 2023/24 budget and Medium Term Financial Strategy Refresh.

5.