Decision

The Strategy and Resources Committee has decided to accept recommendations for the Medium-Term Financial Strategy and propose changes to the General Fund unallocated reserve levels.

Analysis

outcome: The recommendations were accepted and amendments to the Medium-Term Financial Strategy were agreed upon.

summary: The decision involves accepting recommendations for the Medium-Term Financial Strategy and proposed changes to the General Fund unallocated reserve levels.

topline: The Strategy and Resources Committee has decided to accept recommendations for the Medium-Term Financial Strategy and propose changes to the General Fund unallocated reserve levels.

reason_contentious: This issue may be contentious as it involves financial decisions that could impact various stakeholders.

affected_stakeholders: ["Financial Strategy Advisory Group", "Full Council members", "General Fund stakeholders"]

contentiousness_score: 5

political_party_relevance: There are no mentions or implications of political parties or political influence on the decision.

URL: https://democracy.epsom-ewell.gov.uk/ieDecisionDetails.aspx?ID=1450

Decision Maker: Strategy and Resources Committee

Outcome:

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: Following consideration, the Committee unanimously resolved: (1)           To accept the recommendations of Financial Strategy Advisory Group held on 27 June 2025 as set out in Appendix 1 to the report, and ; (2)           Agree the amendment to the Medium-Term Financial Strategy position and note the budget gap for the relevant years as set out in table 4.2 in Appendix 2 to the report. (3)           Agree the proposed Medium-Term Financial Strategy is in line with council priorities, prudent and sets a framework for a strong financial control. (4)           To recommend to Full Council the proposed changes to the General Fund unallocated reserve levels set out in section 4.13 of Appendix 3 to the report.

Date of Decision: July 15, 2025