Issue - meetings

Report of Chief Finance Officer

Lead Cabinet member: Councillor Stephen Holt

(Key decision):

To note the background to the medium term financial strategy for 2021/22 and approve the approach outlined in the report.

The Cabinet considered the report of the Chief Finance Officer, providing an update on the process and approach to the Council’s medium term financial strategy (MTFS) for the report 2020/21 to 2024/25.

The MTFS sets the strategic financial direction for the Council and is regularly updated as it evolves and develops throughout the year to form the framework for the council's financial planning.

Visiting member, Councillor Smart addressed the Cabinet on this item.

Resolved (Key decision):

To note the background to the medium term financial strategy for 2021/22 and approve the approach outlined in the report.

Reason for decision:

To progress the medium term financial strategy process and update Cabinet on the background to this.