Decision details

2022/23 to 2025/26 Medium Term Financial Plan

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


The Business Manager – Financial Services presented a report concerning the Council’s Medium Term Financial Plan (MTFP) for 2022/23 to 2025/26.  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 showed that the Council was able to set a balanced budget for 2022/23, though would need to reduce expenditure and or increase income to pay for service delivery in future years.


AGREED      (unanimously) that the Committee recommends the 2022/23 to 2025/26 Medium Term Financial Plan (MTFP) for approval by the Full Council at their meeting to be held on 8 March 2022.


Reason for Recommendation


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

Publication date: 09/05/2022

Date of decision: 21/02/2022

Decided at meeting: 21/02/2022 - Policy & Finance Committee

Accompanying Documents: