Issue - meetings

Part B - Responding to our Medium Term Financial Plan

Meeting: 21/09/2021 - Cabinet (Item 6)

6 Part B - Responding to our Medium Term Financial Plan pdf icon PDF 337 KB

To consider a joint report of the Leader of the Council and Cabinet Member for Resources, Commissioning and Governance.

 

Within this report we outline our approach to responding to the opportunities, challenges and uncertainty outlined within the review of the medium-term financial plan. Our focus remains on progressing our collective ambitions for Stockport by delivering impactful and outcomes-focussed transformational change for communities and businesses across Stockport. However, we have long recognised that a resilient budget is key to this by enabling us to face and respond to the unprecedented uncertainty ahead.

 

This report builds on previous updates to scrutiny and cabinet providing the latest considerations on how we intend to address financial and demand challenges, enable longer term transformation and shared ambitions.

 

The Cabinet is recommended to:

 

1)    Note the approach and endorse the next steps, including agreeing to share with scrutiny, for comment, the proposals which support a resilient and sustainable MTFP; and

2)    Support the ongoing development of our council transformation programme.

 

Officer contact: Holly Rae on 07800 617 550 or email: holly.rae@stockport.gov.uk

Additional documents:

Minutes:

The Cabinet Member for Resources, Commissioning & Governance (Councilllor Tom McGee) submitted a report (copies of which had been circulated) inviting the Cabinet to consider its proposed approach to responding to the opportunities, challenges and uncertainty outlined within the review of the medium-term financial plan.

 

RESOLVED – That in relation to the Cabinet response to the Medium Term Financial Plan, the Cabinet has:-

 

(1) Noted the approach and endorsed the next steps, including agreeing to share with scrutiny, for comment, the proposals which supported a resilient and sustainable MTFP; and

 

(2) Supported the ongoing development of our council transformation programme.