Decision Maker: Scrutiny Management Board
Decision status: For Determination
Is Key decision?: No
An updated Medium Term Financial Strategy and
reserves position.
Members were presented with a copy of the Medium Term Financial Strategy Update 2025/26 - 2026/27 for review.
It was noted that the 'On street Pay and Display' saving of -£0.397m (GET007) had been built back into the budget. Members recalled that Cabinet at its meeting held on 18 January 2024 agreed that, following representations from district councils and the Scrutiny Management Board, consultation would take place with the district council Leaders, and that their views would be fully considered by Cabinet before any proposals were developed further or implemented. Assurances were sought and it was confirmed that discussions were taking place with a small number of districts who expressed a possible interest in this matter.
Resolved: That the Medium Term Financial Strategy Update 2025/26 – 2026/27 be noted.
Corporate Priorities : Delivering better services;
Divisions Affected: (All Divisions);
Contact: Gary Halsall Email: gary.halsall@lancashire.gov.uk Tel: (01772) 536989.
Report author: Gary Halsall
Date of decision: 13/11/2024
Decided at meeting: 13/11/2024 - Scrutiny Management Board
Accompanying Documents: