Issue - decisions
Medium Term Financial Forecast & Strategy
23/09/2008 - Medium Term Financial Strategy 2009/10 to 2011/12
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.