Decision details
Medium Term Financial Strategy 2009/10 to 2011/12
Decision Maker: Executive - for meetings from 03/06/00 to 26/04/11
Decision status: Awaiting Implementation
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To highlight the Council’s financial
position over the next three years and propose a strategy to
deliver a balanced budget each year and maintain and improve the
council’s financial management and value for money.
Decision:
RESOLVED:(i) That the fundamental principles of the future approach to the financial strategy and financial planning, as highlighted in paragraph 5 of the report, be endorsed;
(ii) That the approach to addressing the efficiency agenda, and specifically the procurement of a performance partner to develop the process, supported by an officer board who will manage the £1m invest to save efficiency fund and manage the process, as set out in paragraph 18 of the report, be endorsed;
(iii) That the proposed approach to balancing the budget be formally adopted and the relevant savings targets be noted.
REASON: To help to secure the Council’s financial position in the future.
Publication date: 23/09/2008
Date of decision: 23/09/2008
Decided at meeting: 23/09/2008 - Executive - for meetings from 03/06/00 to 26/04/11
Effective from: 26/09/2008
Accompanying Documents:
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