Decision

URL: https://scambs.moderngov.co.uk/ieDecisionDetails.aspx?ID=12876

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Purpose: The Council reviews its Medium-Term Financial Strategy (MTFS) and financial forecasts twice a year in accordance with best practice. The report updates the MTFS to the financial year 2030/31 and sets out the updated medium-term financial plan following the outcome of a mid-year review of financial forecasts.

Content: The Council reviews its Medium-Term Financial Strategy (MTFS) and financial forecasts twice a year in accordance with best practice. The report updates the MTFS to the financial year 2030/31 and sets out the updated medium-term financial plan following the outcome of a mid-year review of financial forecasts. Cabinet has:   a)    approved and recommended to Council the refreshed Medium Term Financial Strategy 2026-2031 at Appendix A and the updated financial forecast at Appendix B; b)    noted the projected changes in service spending and the overall resources available to the Council over the medium term to 2030/31; and c)    noted the budget setting framework and timetable for future reporting and decision making.

Date of Decision: November 4, 2025