Decision
Analysis
outcome: The Cabinet noted the updated projected revenue budget shortfall and the outline budget setting timetable.
summary: The council is facing a projected revenue budget shortfall of £13.6 million for 2026/27 and a cumulative shortfall of £38.0 million over the medium term.
topline: The council has decided to address a projected revenue budget shortfall of £13.6 million for 2026/27 and a cumulative shortfall of £38.0 million over the medium term.
reason_contentious: This issue is likely contentious as it involves significant financial challenges that may impact services and stakeholders.
affected_stakeholders: ["Council members", "Local residents", "Service users"]
contentiousness_score: 7
political_party_relevance: There may be implications of political influence as decisions on budget allocations can be politically charged.
URL: https://democracy.monmouthshire.gov.uk/ieDecisionDetails.aspx?ID=1133
Decision Maker:
Outcome:
Is Key Decision?: No
Is Callable In?: No
Purpose:
Content: That Cabinet note the updated projected revenue budget shortfall of £13.6 million for 2026/27 and a cumulative shortfall of £38.0 million over the medium term. That Cabinet note the outline budget setting timetable as outlined in Appendix 1. 2.3. That Cabinet note the progress against the Medium Term Financial Strategy (MTFS) delivery plan, as detailed in Section 14 of Appendix 1.
Date of Decision: July 16, 2025