Issue - meetings

To consider and recommend to Council an update and re-positioning of the current adopted Medium Term Financial Strategy (MTFS).

Members considered the Update to Medium Term Financial Strategy (MTFS) 2023/25 to 2027/28 report presented by Councillor Boden.

Councillor Tierney commented that officers deserve the commendation they have been given because they have been set an even harder target but ultimately the Council is doing this for the people of Fenland.

Proposed by Councillor Boden, seconded by Councillor Tierney and AGREED to recommend to Council that:

(i)           The Medium Term Financial Strategy be repositioned by keeping the cash amount of Council Tax raised at the current level rather than the previously adopted 0% increase, while recognising that the Council continues to face significant financial challenges and uncertainties that may not allow this ambition to be met.