Issue - decisions

A Financial Framework for the 2025/26 Medium Term Financial Strategy Refresh

17/07/2024 - A Financial Framework for the 2025/26 Medium Term Financial Strategy Refresh

Resolved

 

That Cabinet

 

1)    note the emerging financial position within which the 2025/26 budget and 2025-30 Medium-Term Financial Strategy will be developed;

 

2)    agree the strategic principles that will form the basis of the Medium-Term Financial Strategy, as set out in paragraph 2.4;

 

3)    subject to the agreement of the principles, approve the proposals for the refresh of the 2025/26 Medium-Term Financial Strategy and Capital Strategy, as set out in Sections 2 and 3;

 

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

 

5)    approve the timetable for agreeing the 2025/26 budget and Medium-Term Financial Strategy Refresh.