Issue - meetings

To consider a report by the Head of Financial Services

that the Council be invited to approve the draft Medium Term Financial Plan as the basis for the production of the 2007/08 Budget, the revised Medium Term Plan for 2008 – 2012 and a financial plan to 2018/2019,

Further to Minute No. 06/54 and by way of a report by the Head of Financial Services (a copy of which is appended in the Minute Book) the Cabinet were acquainted with the present position in relation to the Council’s draft budget and Medium Term Plan for the period up to 2011 – 2012, together with the deliberations of the Overview and Scrutiny Panel (Corporate and Strategic Framework) thereon.

In considering the information contained in the report, and while noting that the required budget savings had been identified in the current year and for 2007/08, it was agreed that Executive Councillors should review critically with appropriate Heads of Service all schemes/projects currently listed in the draft Plan.  On the understanding that the outcomes of that review might result in changes to the Plan as presently envisaged which in turn might impact on the budget requirement, it was -

RESOLVED

  that the Council be invited to approve the draft Medium Term Financial Plan as the basis for the production of the 2007/08 Budget, the revised Medium Term Plan for 2008 – 2012 and a financial plan to 2018/2019.