Report setting out the approach towards setting a balanced budget for 2024-28. The report includes an update of the Medium Term Financial Strategy and Capital Programme for 2024-28 and provides a timetable for 2024/25 including service planning

RESOLVED:

1. That Cabinet considered and agreed the new capital proposals for 2024/25 to 2027/28 and the draft Capital Programme 2024-2028 (Appendix 1) and refers them to the Overview and Scrutiny panels and Commission in November 2023 for consideration and comment.

2. That Cabinet agreed the approach to setting a balanced budget outlined in the report

3. That Cabinet agreed the financial timetable for the Budget 2024/25 and MTFS 2024-28 (Appendix 5)

4. That Cabinet considered and agreed the draft growth proposals for 2024/25 to 2027/28 (Appendix 2) put forward by officers and refers them to the Overview and Scrutiny panels and Commission in November 2023 for consideration and comment. 5. That Cabinet considered and agreed the new savings proposals for 2024/25 to 2027/28 (Appendix 3) and refers them to the Overview and Scrutiny panels and Commission in November 2023 for consideration and comment.

6. That Cabinet considered and agreed the Equalities Impact Assessments for each saving, where applicable, and refers them to the Overview and Scrutiny panels and Commission in November 2023 for consideration and comment.(Appendix 3)