Decision details
Budget Strategy and Medium Term Financial Strategy Update
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Decision:
The purpose of the report was to set out the Budget Strategy to support the preparation of the 2026/27 revenue and capital budgets and present an updated Medium Term Financial Strategy forecast.
Councillor Patrick Coleman, Cabinet Member for Finance introduced the item.
The recommendations were proposed by Councillor Patrick Coleman and seconded by Councillor Mike Evemy.
RESOLVED that Cabinet Approved the 2026/27 Budget Strategy as outlined in the report.
Voting Record:
7 For, 0 Against, 0 Abstentions.
Report author: Michelle Burge
Publication date: 17/10/2025
Date of decision: 16/10/2025
Decided at meeting: 16/10/2025 - Cabinet
Effective from: 25/10/2025
Accompanying Documents:
- 2026-27 Budget Strategy and MTFS Update Report v3 FINAL 2025 10 07
PDF 1 MB - Annex A - Exceptional Financial Support FINAL
PDF 520 KB
- Annex B - Fair Funding 2.0 Consultation FINAL
PDF 611 KB
- Annex C - Fair Funding 2.0 indicative impact FINAL
PDF 335 KB
- Annex D - Medium Term Financial Strategy 2026-27 UPDATE October 2025 FINAL
PDF 399 KB
- Annex E - Capital Programme 2026-27 to 2029-30 FINAL
PDF 494 KB