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Decision details
Financial outlook update report
Decision Maker: Cabinet
Decision status: Information Only
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
To present Cabinet with the financial outlook
report for the year ahead.
Decision:
That Cabinet noted
1. The updated financial outlook showing a potential deficit of each year over the next five years.
2. The timeline for developing and approving the Medium Term Financial Plan, Capital Strategy and 2023/24 Budget.
3. Noted the three-year Government settlement was prior to the high inflation rates and consider whether there is any merit in raising the awareness with Government of the additional pressure and requirement for growth for the final 2 years.
Report author: Denise Murray
Publication date: 12/07/2022
Date of decision: 12/07/2022
Decided at meeting: 12/07/2022 - Cabinet
Accompanying Documents:
PDF 253 KB