Council and councillors

RESOLVED

That Cabinet:

1.    RECOMMENDED to Council to approve a financial strategy for closing the financial gap;

2.    NOTED that the Council would aim to balance the budget (without the use of reserves for recurring expenditure) by 27/28;

3.    NOTED that the Strategy assumes maximum council tax rises;

4.    NOTED that the Strategy accepts that the Council’s current service offer was not affordable and that all services would have to move in the direction of an ‘affordable service offer’ over time; and

5.    NOTED that the Medium-Term Financial Plan was subject to change as more information becomes available.