Decision details

The Committee considered the report of the Director of Resources presenting the revised Medium- Term Financial Strategy (MTFS) for 2021 / 22 to 2023 / 24 (attached as Appendix 1 to the report).

Appendix 2 to the report detailed the budget growth items identified during the budget review as required to meet service demand and carry out Council Policy.  The impact of the COVID-19 pandemic were set out the report and it was noted that these impacts would continue in future years.  An update on the General Fund was provided and it was noted that a number of assumed COVID-19 pressures had been built into the General Fund Balance.

The Chairman moved the recommendation as set out in the report and this was duly seconded.

Members discussed the report and the information detailed in the Appendix.  Further clarification was provided by Officers in response to a number of questions.

The Chairman put the recommendation to the Committee and it was agreed by assent.

RESOLVED that the Medium- Term Financial Strategy for 2021 / 22 to 2023 / 24 (as at 19 November 2020) and set out at Appendix 1 to the report be noted (by assent).