Decision details

Councillor Liz Leyshon proposed the recommendations which were seconded by Councillor Bill Revans.

Having been duly proposed and seconded, the Council RESOLVED to approve the Medium-Term Financial Strategy (MTFS) for 2025/26 to 2029/30 and the savings targets for 2025/26. 

At the Executive Meeting held on 8 April 2024, the Executive further agreed:

·       That the Council continued with the aim of avoiding a section 114 notice by taking all of the necessary actions and continuing to operate as if one had been issued. 

·       To receive an updated Medium-Term Financial Plan in September 2024 which sets out the latest forecasts of future service costs, income and funding from 2025/26 to 2029/30. 

·       To continue actively campaigning for the reform of funding of councils and greater local freedoms. 

·       That the Financial Control Boards continued to operate in 2024/25 as set out in Appendix 3.