Lead Member – Councillor Roger Evans, Portfolio Holder for Finance

Lead Officer – James Walton, Executive Director (S151)

REPORT TO FOLLOW

RESOLVED:

That Cabinet:

1.     Work with Officers during Q4 in the current year and into 2026/27 to develop a Financial Sustainability Strategy and transformation and change programme which will deliver savings and generate income, in order to reduce the duration of time for which EFS (exceptional financial support) is required across the medium-term financial period.  

2.     Work with Officers during Q4 in the current year and into 2026/27 through the establishment of a joint working group to develop and progress an approach to business and budget planning.  

3.     Ask Officers to continue to work with MHCLG in support of its application for exceptional financial support and actions required to return to financial stability. 

To consider the Draft Financial Strategy 2025/26 - 2029/30 and provide feedback to Cabinet.

REPORT TO FOLLOW