Issue - meetings
Medium Term Financial Strategy - Quarter 2 Update
Meeting: 29/10/2024 - Cabinet (Item 30)
30 MTFS Quarter 2 Update 
PDF 284 KB
Report of the Cabinet Member for Finance and Change detailing the Medium Term Financial Strategy Quarter 2 Update.
Additional documents:
Minutes:
Decision Made: (CAB 24/25 46138)
On consideration of the report of the Cabinet Member for Finance and Corporate Services, Cabinet approved the following:
(i) Note the updated medium term financial forecast as set out in Appendix 1.
(ii) Approve indicative cash limits as a planning guide, recognising these may be refined and updated during the budget process, as set out in paragraph 70 of Appendix 1.
(iii) Agree the next steps to developing the MTFS and creating a balanced budget, including the development of service business plans to enable Directorates to manage within the cash limit targets.