URL: https://moderngov.dorsetcouncil.gov.uk/ieDecisionDetails.aspx?ID=5849

Decision Maker: Cabinet

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose: To consider the Medium Term Financial (MTFP) and budget strategy.

Content: To consider the Medium Term Financial (MTFP) and budget strategy.   (a)           That the updated cost pressures set out in the Cabinet report of 11 November 2025 and the validation work that had been carried out on them, be noted.   (b)           That the assumptions being used in the Medium-Term Financial Plan (MTFP) be agreed.   (c)           That the financial gap arising from (b) and (c) above be noted.   (d)           That Cabinet agrees the 2026/27 principles for budget setting outlined in section 13 of the report of 11 November 2025.   (e)           That the approach to closing the budget gap set out in the report of 11 November 2025 be noted, recognising that the work was in progress.   (f)            That Cabinet continues to lobby local MPs and work with peers to press the case for additional, multi-year funding.   (g)           That Cabinet Members work with officers to continue to identify and develop further efficiencies and savings.   (h)           That Cabinet endorse the next steps and timetable leading up to the 2026/27 budget which will presented to full Council on 10 February 2026. Reason for the decision   Local councils were legally obligated to set a balanced annual budget, meaning that planned expenditure must be matched by sustainable income sources. This excludes reliance on one-off or short-term funding that cannot be maintained over time.   The report of 11 November 2025 was presented to Cabinet to provide an update on the projected budget gap for 2026/27 and the subsequent years covered by the MTFP. It also outlined progress made to date on identified actions and savings, including the forecasted financial performance for 2025/26 against the approved budget.    

Date of Decision: November 11, 2025