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Financial Outlook Update Report
12/07/2022 - Financial outlook update report
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.