Decision details

(Key decision):

(1) To note the updated MTFS forecasts and the requirement to identify additional savings of £2.6 million for the period 2023/24 to 2026/27, but also note that this forecast could change significantly based upon outcome of future government funding settlements, the ongoing impact of the pandemic, demand for services and inflationary pressures upon the council;

(2) To note that at this stage a forecast £1.9 million of savings are required to balance the 2023/24 budget; and

(3) To note the planned review of earmarked reserves and reallocate in line with the emerging risks where possible.