Issue - meetings

Financial Strategy Update 2016/17 to 2020/21

Meeting: 30/06/2016 - Executive (Item 17)

Financial Strategy Update 2016/17 to 2020/21

Decision:

Recommended:  That Council agree the adoption of the Efficiency Plan 2016/17 to 2019/20 as set out in Annex 1 of the report.

Reason:              In order to achieve the proposed savings and efficiencies set out in the Council’s Financial Strategy and Efficiency Plan and protect priority areas and key statutory safeguarding services.

 

Minutes:

[See also Part A minute]

 

Members considered a report which presented an update to the Financial Strategy 2016/17 to 2020/21and set out the outline process for the 2017/18 to 2021/22 Financial Strategy.

 

Owing to the uncertainty of the current process by which the Government confirmed funding to Council’s, authorities had been offered a 4 year funding settlement if they published an Efficiency Plan prior to 14 October 2016.

 

Officers confirmed that the Financial Strategy had been used as the general direction for the Plan, however there was still a need for flexibility, as issues arose, however the Plan would improve stability and medium term planning.

Recommended:  That Council agree the adoption of the Efficiency Plan 2016/17 to 2019/20 as set out in Annex 1 of the report. 1.

Reason:              In order to achieve the proposed savings and efficiencies set out in the Council’s Financial Strategy and Efficiency Plan and protect priority areas and key statutory safeguarding services.

 


 

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