The Committee received the report which set out the indicative financial envelope for the Committee to support consultation on the development of the Cheshire East Medium-Term Financial Strategy 2024/25 to 2027/28.
It was reported that there was a typographical error in paragraph one of the report which stated the Committee 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.
RESOLVED: That the Committee
1 note the indicative budget envelope for the Committee, as approved at the Finance Sub Committee on 2 November 2023, 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.