Agenda item

Outline Budget 2021-22 to 2024-25

Councillor S. Buttar

 

To agree the net budgeted expenditure and support the overall strategy set out in the report.

Minutes:

Cabinet considered a report on the Outline Budget for the period 2021-22 to 2024-25.

 

Resolved to:

 

1.    Agree the net budgeted expenditure (before investment and use of reserves) for 2021-22 be set at a maximum level of £22.1m; and

 

2.    Support the overall strategy set out in the report for addressing efficiencies and achieving medium term financial sustainability.

 

Reason for Decision:

 

Cabinet were satisfied that the report set out the parameters in which a detailed balance for 2021-22 could be worked up and put forward an updated Medium Term Financial Strategy designed to respond to the challenges of COVID-19.

 

 

Supporting documents: