Issue - meetings

Report of Assistant Director of Finance (S151 Officer)

Purpose of report

This report is to inform the Committee of the proposed approach to the 2027/28 Budget Process as recommended to Executive at its meeting 7 September 2026. The report provides context and background information on the existing Medium-Term Financial Strategy (MTFS) and information on latest government announcements relevant to the Strategy.

Recommendations

The Budget Planning Committee resolves:

1.1         To note that the Executive were asked to agree the following recommendations at their meeting on 7 September 2026:

1.1.1    To note the Budget Process for 2027/28.

1.1.2    To note the base assumptions to be used for the 2027/28 budget as a 4.2.

1.1.3    To note that a five-year period for the Medium-Term Financial Strategy to 2031/32 and five-year period for the Capital Programme to 2031/32.

(Please note this agenda was published prior to the Executive meeting on 7 September 2026. The decision notice for the meeting will be published on 8 September.)

Resolved

(1)      That it was noted the Executive were asked to agree the following recommendations at their meeting on 7 September 2026.

1.1.1    The Budget Process for 2-27/28 be noted

1.1.2    The base assumptions to be used for the 2027/28 budget be noted

1.1.3    That a five-year period for the Medium-Term Financial Strategy to 2031/32 and five-year period for the Capital Programme to 2031/32 be noted.