Decision
Analysis
outcome: The Cabinet noted the updated Medium-Term Financial Plan and considered potential options for addressing the deficit.
summary: The decision involves reviewing and addressing the budget deficit for the upcoming years.
topline: The Cabinet has decided to review and address the budget deficit for the upcoming years.
reason_contentious: This issue may be contentious as it involves potential budget cuts and income generation, which could impact various stakeholders.
affected_stakeholders: ["Cabinet members", "Local residents", "Council employees"]
contentiousness_score: 6
political_party_relevance: There may be implications of political influence as budget decisions often have political ramifications.
URL: https://rds.eppingforestdc.gov.uk/ieDecisionDetails.aspx?ID=4111
Decision Maker: Cabinet
Outcome:
Is Key Decision?: Yes
Is Callable In?: Yes
Purpose:
Content: (1a) The Cabinet noted the General Fund element of the updated Medium-Term Financial Plan (2025/26 to 2029/30) (Appendix A of the agenda report); and (1b) The Cabinet noted the Housing Revenue Account element of the updated Medium-Term Financial Plan (2025/26 to 2029/30) (Appendix B of the agenda report). (2) The Cabinet considered the potential options for addressing the underlying budget deficit and would look at where savings and efficiencies could be made, in addition to where income generation could be achieved, to set a balanced and sustainable budget for 2025/26.
Date of Decision: October 7, 2024