Decisions for issue Budget planning and Resource Update 2022/23

RESOLVED:

(1)             That the funding and net expenditure projections for 2022/23, based on the three planning scenarios be noted;

(2)             That the Medium-Term Financial Strategy (MTFS) projections for 2022/23 to 2024/25 and the predicted budget gaps based on a ‘midpoint’ planning scenario be noted;

(3)             That the proposed approach to planning for and managing specified demand-led budgets be noted; and

(4)             That it be agreed that officers should draw up 3-year budget strategies, including associated cost management measures for demand-led services, together with budget proposals to manage any remaining budget gap across all other services, and report back with draft budget proposals to the December Policy & Resources Committee.