Agenda item

Medium-Term Financial Strategy 2026-27

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

 

Minutes:

Councillor Howkins requested that a recorded vote be taken for all remaining items on the agenda.

 

For

Councillors J Doran, Dunn, Arnold, Barker, Bateson, Beatty, Beecher, Boparai, Button, Caplin, S Doran, Geach, Gibson, Grant, Gyawali, Neall, Nichols, Rutherford, Sexton, Williams – 20 votes

Against

Councillors Attewell, Bing Dong, Boughtflower, Brennan, Buck, Clarke, Howkins, Lee, Saliagopoulos, Weerasinghe, Woodward – 11 votes

Abstain

0 votes

 

 

 

Council resolved to:

 

1.    Be informed and assured by the Draft Medium Financial Strategy set out in the report and that an updated strategy (reflecting 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.

 

 

Supporting documents: