Issue - meetings
Principles for new Medium Term Financial Strategy
Meeting: 24/11/2023 - Financial Strategy Advisory Group (Item 9)
9 Principles for new Medium Term Financial Strategy 
PDF 298 KB
This report seeks guidance on the principles to be included in the new Medium TermThis report seeks guidance on the principles to be included in the new Medium Term Financial Strategy for 2024-28.
Financial Strategy for 2024-28.
Additional documents:
- Principles for new Medium Term Financial Strategy Appendix 1, item 9
PDF 194 KB
- Principles for new Medium Term Financial Strategy Appendix 1 - Tracked Changes, item 9
PDF 118 KB
Minutes:
Following consideration of the report’s contents, the Group agreed that the proposed wording for the sixth principle in the ‘Investment In Services’ section should be changed to:
“Aim to maintain a minimum of £0.5m annual funding from revenue to fund the annual capital programme”.
Subject to this amendment, the group moved to consider the report recommendation, which was agreed as follows:
(1) To support the principles to be used in producing the new Medium Term Financial Strategy.