Issue - meetings

Report of the Head of Corporate Finance and ICT

The Cabinet considered the report of the Head of Corporate Finance and ICT which provided an update on the latest assumptions contained in the Medium Term Financial Plan 2012/13 to 2014/15 and highlighted the potential budget gaps for that period.

RESOLVED:            That

(1)       the projected assumptions in the Medium Term Financial Plan be approved; and

(2)       it be noted that the potential budget shortfalls within the Medium Term Financial Plan are as follows:-

                                    £m

            2012/13            20.05

            2013/14            27.65

            2014/15            38.55