Issue - meetings

This item was deferred from the Extraordinary Council Meeting held 17 November.

This is a draft report as it is to be considered by the Corporate Policy and Resources Committee on 11 November so may be subject to amendments.

This item was deferred to the next Council meeting to be held on 11 December 2025.

Committee is asked to recommend that Council approve the:

1.    Draft Medium Term Financial Strategy

2.    Proposed Flexible Use of Capital Receipts Strategy

The Committee resolved to:

1.     Be informed and assured by the Draft Medium Term Financial Strategy set out in the report and that an updated strategy (reflecting the impact of actual debt discount and refinancing rates achieved, and the outcome of the Fair Funding Review), as part of a Detailed Budget Report will come to the Corporate Policy and Resources Committee in January 2026 for consideration and approval; and

2.     Approve the proposed Flexible Use of Capital Receipts Strategy.