Agenda item


The following report will be considered by Cabinet on 9 February 2021. The Committee is asked to comment on the proposals contained in the report. Those comments will be presented to the Cabinet by the Chair.


Budget 2021-22 and Medium-Term Financial Plan 2021-24


The purpose of this report is to enable the Cabinet to make formal budget

recommendations to the County Council.


The report provides the Revenue Budget for 2021-22 and Revenue Medium-Term Financial Plan (MTFP) 2021-24 and the Capital Budget for 2021-22 and Capital MTFP to 2021-24, following the Government’s Spending Round Announcement 2020 (SR 2020), on 25 November 2020, and the publication of the provisional Local Government Finance Settlement on 17 December 2020.

It is important to note that there may need to be some revisions to the figures following receipt of the Government’s February 2021 Final Local Government Finance Settlement figures. It is proposed that any changes to the figures as a result of this announcement, which impact on the Budget 2021-22 and MTFP 2021-24 are delegated to the Council’s Section 151 Officer in consultation with the Portfolio Holder for Corporate Services.


The Cabinet members requested to attend for this item is Councillors H.G.H. Sanderson and N. Oliver.


All Members are requested to retain this report for the Council meeting on 24 February. Cabinet Members are requested to all keep the report for the Cabinet meeting on 9 February 2021.

Supporting documents: