Decision details

Medium Term Financial Strategy 2019-22

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decisions:

Cabinet considered a report presenting the Medium Term Financial Strategy for Cheshire East Council for the years 2019/20 to 2021/22.

 

The report set out how the Council would approach the financial challenges over the medium term and forecast a balanced budget for 2019/20.

 

The resolutions that Cabinet was requested to recommend to Council were set out at Appendix A. The Medium Term Financial Strategy (MTFS) Report (containing the Budget) for the period 2019/20 to 2021/22 was set out at Appendix C.

 

Councillor M Simon, Chairman of the Corporate Overview and Scrutiny Committee, reported the Committee’s comments and recommendations on the report as appended to these minutes.

 

RESOLVED

 

That Cabinet

 

1.    recommends to Council the items at Appendix A to the report; and

 

2.    notes:

 

(a)    the summary results of the Budget Consultation, attached at Appendix B, and the Budget Engagement exercise undertaken by the Council, as set out in Appendix C, Annex 2;

 

(b)    the comments of the Council’s Acting Section 151 Officer, contained within the MTFS Report, regarding the robustness of estimates and level of reserves held by the Council based on these budget proposals (Appendix C, Comment from the Acting Section 151 Officer); and

 

(c)    that the Council’s Finance Procedure Rules provide a control framework to support decisions should any changes in spending requirements be identified, and for specific spending over certain limits (Appendix C).

Publication date: 08/02/2019

Date of decision: 05/02/2019

Decided at meeting: 05/02/2019 - Cabinet

Effective from: 19/02/2019

Accompanying Documents: