Decision details

2020/21 to 2023/24 Medium Term Financial Plan

Decision Maker: Policy & Finance Committee

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No


The Business Manager – Financial Services presented a report concerning the Medium Term Financial Plan (MTFP) for 2020/21-2023/24. A copy of the MTFP was attached as an appendix to the report.


The MTFP provided members and officers with a clear financial framework for delivering the Council’s Community Plan objectives over the next four financial years and maintaining the Council’s MTFP was an essential pre-requisite to the annual budget setting process for future years. The MTFP demonstrated that the Council was able to set a balanced budget for 2020/21, though would need to raise additional income to pay for service delivery in future years. Members’ attention was drawn to the financial projections contained within the appendix to the report.


AGREED (with 6 votes for and 1 abstention) that the Committee recommends the 2020/21 to 2023/24 Medium Term Financial Plan (MTFP) for approval by the Full Council at their meeting to be held on 9 March 2020.


Reason for Decision


To provide a framework to support the Council’s future spending plans.

Publication date: 20/02/2020

Date of decision: 20/02/2020

Decided at meeting: 20/02/2020 - Policy & Finance Committee

Accompanying Documents: