Decisions for issue General Fund Budget Planning and Resource Update 2024/25

The Strategy, Finance & City Regeneration Committee:

1)           Note the potential funding and net expenditure projections for 2024/25.

2)           Note the Medium Term financial projections for 2024/25 to 2027/28 and the predicted budget gaps over the period.

3)           Note the proposed budget development approach and that officers will use this to develop 4-year medium-term service and financial plans and proposals for Budget Council consideration, including specific budget proposals to manage the identified budget shortfall in 2024/25.