Decision Maker: Cabinet
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: Yes
Report updating progress towards setting a
balanced budget for 2023-27. Updates on MTFS, Capital Strategy and
service plans
RESOLVED:
1. That Cabinet considered and agreed the additional new savings proposals for 2023/24 to 2025/26 (Appendix 2) and refers them to the Overview and Scrutiny Commission on 25 January 2023 for consideration and comment.
2. That Cabinet considered and agreed that the draft unachievable saving proposal of £50k (2020-21 CS11 ) is removed from the MTFS and referred to the Overview and Scrutiny Commission on 25 January 2023 for consideration and comment.
3. That Cabinet agreed the latest amendments to the draft Capital Programme 2023-2026 and refers them to the Overview and Scrutiny Commission on 25 January 2023 for consideration and comment.
4. That Cabinet noted the details contained in the Provisional Local Government Finance Settlement 2023/24 and the implications for Merton’s MTFS as summarised in Appendix 1.
5. That Cabinet considered and approved the Council’s draft Capital Strategy and Treasury Management Strategy for 2023/24
Report author: Andrew Wood
Publication date: 18/01/2023
Date of decision: 16/01/2023
Decided at meeting: 16/01/2023 - Cabinet
Effective from: 24/01/2023
Accompanying Documents: