Decision details

The Cabinet will be presented with an update on the Council’s MTFS for 2024/25 to 2026/27 and the Budget Strategy 2025-26, and will be asked to approve any appropriate updates or amendments to reflect the latest position.

Cabinet resolved to:

(i)  Note the latest MTFS projections and forecast budget gap for 2025/26 of £25.9m;

(ii)  Note the assumptions set out in the report underlying those forecasts as well as the financial risks and uncertainties;

(iii)  Note the outline budget setting timetable for 2025/26 as set out in section 10 of the report; and

(iv)  Approve the Budget Strategy and approach to setting the 2025/26 budget as set out in section 9 of the report.