Issue - meetings

To consider a report of the Leader of the Council (Policy, Reform & Finance)

The Leader of the Council (Policy, Reform & Finance) submitted a report (copies of which had been circulated) providing an update on the Council’s Medium Term Financial Strategy (MTFS) in support of the 2013/14 budget and the Medium Term Financial Plan for 2013/17.

RESOLVED – That the Medium Term Financial Strategy as detailed at Appendix One to the report  be approved and adopted.

To consider a report of the Leader of the Council (Policy, Reform & Finance)

The Council Meeting approved the Council’s existing Medium Term Financial Strategy on 24 February 2011. The purpose of this report is to review and update the existing strategy in support of the 2013/17 Medium Term Financial Plan and, in particular, the 2013/14 budget setting process.

A review of the existing strategy is timely given the major developments that have occurred within the local government finance arena including the introduction of a new finance regime and retained business rates.

The Executive is asked to recommend that the Council Meeting adopts the updated Medium Term Financial Strategy.

Officer contact: Andy Moran, 0161 474 4086, Andrew.moran@stockport.gov.uk

The Leader of the Council (Policy, Reform & Finance) submitted a report (copies of which had been circulated) inviting the Executive Meeting to consider a reviewed and updated Medium Term Financial Strategy in support of the 2013/17 Medium Term Financial Plan and, in particular, the 2013/14 budget setting process. A review of the existing strategy was considered timely given the major developments that have occurred within the local government finance arena including the introduction of a new finance regime and retained business rates.

RESOLVED – That the Council Meeting be recommended to adopt the updated Medium Term Financial Strategy.