Decision details

This report will outline the major financial issues confronting the Council and the implications for council tax and budget setting across the period.

The Resource Strategy sets out the likely financial resources and pressures to be faced by the Council over a 4-year time horizon, and establishes the financial framework within which service planning will take place.

The Council Plan is developed alongside the capital and revenue budget proposals in order to align the Council's business planning processes with the budget setting process.

Relevant Overview and Scrutiny Committee: Business Support Overview and Scrutiny Committee

149/2009 The Cabinet endorsed the underlying aims of the Medium Term Financial Plan.
150/2009 The Cabinet endorsed the forecast level of overall funding outlined in Section 4.6 of the report.
151/2009 The Cabinet instructed portfolio holders and directors to identify savings and efficiencies to achieve a balanced budget for 2010/2011.
152/2009 The Cabinet adopted the Value for Money strategy set out at Appendix 1 to the report.

This is a preparatory document to meet the budget process and timetable set out within the constitution.