URL: https://northumberland.moderngov.co.uk/ieDecisionDetails.aspx?ID=331

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Purpose: This report provides an update on the development of the 2025-26 Budget and the Medium-Term Financial Plan (MTFP) covering the period 2025 to 2029, prior to the receipt of the Local Government Finance Settlement 2025-26 in December 2024.

Content: RESOLVED that:-   (a)      Cabinet review and note the revisions to the assumptions (and the risks) within the Budget 2025-26 and Medium-Term Financial Plan;   (b)      Cabinet note that further work is required to refine and finalise the Budget 2025-26 and Medium-Term Financial Plan;   (c)      Cabinet note that the revenue implications of the capital programme are still to be updated; and   (d)      Cabinet note that there are still budget balancing measures required to be identified over the term of the Medium-Term Financial Plan.

Date of Decision: December 10, 2024