Decision details

Medium Term Financial Plan - Financial Landscapes and Forecast 2016/17 to 2020/21 (Update following the Local Government Finance Settlement)

Decision Maker: Council Meeting

Decision status: Recommendations approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The purpose of this report is to update the medium term financial plan (MTFP) forecasts for the Council’s finances for the period 2016/17 to 2020/21 taking account of the 2016/17 provisional local government finance settlement published on 17 December 2015. This report takes as its starting point the position set out in both the MTFP forecast and the ‘Investing in Stockport Programme: Executive Proposals’ reports considered by the Executive at its meeting on 16 December 2015.

Decision:

The Council Meeting has noted the updated Medium Term Financial Plan forecasts for the Council’s finances for the period 2016/17 to 2020/21 taking

account of the 2016/17 final local government finance settlement published on 8 February 2016.

Alternative options considered:

None.

Interests and Nature of Interests Declared:

None.

Equality and/or Environmental Impact Assessment: Not applicable

Decision Reference: CM171

Declarations or conflicts of Interest: None.

Other reasons / organisations consulted

The report has been produced following consultation with relevant officers and members. The implementation of the medium term financial plan and budget proposals continues to be the subject of close monitoring and wide ranging consultation.

Contact: Steve Houston, Corporate Director for Corporate and Support Services Email: steve.houston@stockport.gov.uk Tel: 0161-474-4000.

Report author: Andy Moran, John Parkinson

Publication date: 04/03/2016

Date of decision: 03/03/2016

Decided at meeting: 03/03/2016 - Council Meeting

Accompanying Documents: