Medium Term Financial Plan

Medium Term Financial Plan

The annual Revenue and Capital Budget is prepared in line with the principles and overall financial strategy set out in the Council’s Medium Term Financial Plan.

The Medium Term Financial Plan puts in place a strategy to guide the Council’s financial planning over a five year period to address the national and local challenges faced, deliver the Council’s strategic aims and meet community priorities.

The Plan forecasts the future financial outlook for the Council based on a number of assumptions, setting out indicative Revenue and Capital Budgets including projections of the likely level of Council Tax and Council Balances.

The current Medium Term Financial Plan covers the five year period 2024/25 to 2028/29.

The Medium Term Financial Plan and its associated appendices can be downloaded from the links below:-

2024/25 to 2028/29 Medium Term Financial Plan – Report to Policy and Resources Committee

2024/25 to 2028/29 Medium Term Financial Plan

Appendices A to E – MTFP Revenue and Capital Budget Forecast

Appendix E – Council Aims and Targets 2024/25

Appendix F – Financial Risks 2024/25