Issue - meetings

Medium Term Financial Strategy Consultation 2024/25 - 2027/28 (Adults and Health Committee)

Meeting: 20/11/2023 - Adults and Health Committee (Item 31)

31 Medium Term Financial Strategy Consultation 2024/25 - 2027/28 (Adults and Health Committee) pdf icon PDF 254 KB

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

Additional documents:

Minutes:

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.

 

Officers reported that they were working on proposals in response to the additional savings being sought and that an informal meeting would be scheduled for December to give all committee members an opportunity to go through the budget and proposals in detail.

 

RESOLVED:

 

That the Adults and Health Committee

(a)  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.

 

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

 

(c)  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.