Issue - meetings

To receive a report on the Medium Term Financial Strategy Consultation for 2024/25 -  2027/28.

The committee received the report which set out the indicative financial envelope for this committee to support consultation on the development of the Cheshire East Medium-Term Financial Strategy 2024/25 to 2027/28.

There was a typographical error in paragraph one of the report which stated that members were being asked to approve the indicative financial envelope. It was confirmed that this was for noting only and no decision was required at this stage.

Some members expressed a concern that there was not enough detail provided in the report. Officers advised that the intention was for members to note the envelope that had been allocated to the committee  and that, as the MTFS was developed, more detail would be brought back. Members’ concerns would be fed back to the Finance team.

A query was raised as to whether there would be MTFS workshops for the committee and officers undertook to confirm this following the meeting.

RESOLVED:

That the Children and Families Committee:

1.    Note the indicative budget envelope for this committee, as approved at the Finance Sub-Committee on 2 November, as a way of setting financial targets in support of achieving a balanced budget for 2024/25

2.    Note that officers will develop further proposals in consultation with Members to enable wider stakeholder consultation prior to approval by Council

3.    Note that Committees will be presented with the opportunity to further review financial proposals, designed to achieve a balanced budget, as part of their January cycle of meetings prior to recommendations being made to Council for approval