Financial planning update and 2027/28 budget gap
Decided: Cabinet agreed five things. It accepted the changing environment and the revised assumptions used to develop the Medium Term Financial Strategy (MTFS, the Council's multi-year plan for its finances), and agreed work will continue to refresh it. It delegated to the Chief Executive, in consultation with the Leader and the Cabinet Member for Finance and Transformation, the power to put in place any saving before 2027/28 where no policy decision is needed. It agreed the report goes to the Finance Panel for scrutiny (independent examination by councillors). It agreed work continues with the Budget Advisory Group to bring in cross-party views.