Issue - meetings
Test 3
Meeting: 02/11/2016 - Cabinet (Item 4c)
4c Medium Term Financial Plan and Budget Process 2017/18 to 2020/21 
PDF 494 KB
Division/Wards Affected: All
Purpose:
To highlight the context within which the Medium Term Financial Plan (MTFP) will be developed for 2017/18 to 2020/21
To agree the assumptions to be used to update the MTFP, and provide an early indication of the level of budget savings to be found.
To update Members with the implications arising from the provisional settlement announcement of Welsh Government.
To agree the process for developing the MTFP and budget for 2017/18.
Author: Joy Robson - Head of Finance
Contact Details: joyrobson@monmouthshire.gov.uk
Additional documents:
- 3a. Appendix 1 Response to Welsh Government on the Provisional Settlement, item 4c
PDF 253 KB
- 3b. Appendix 2 and 3 MTFP, item 4c
PDF 39 KB
- 3c. Appendix 4 Future generations impact MTFP and budget process 201718, item 4c
PDF 227 KB
Decision:
That the budget assumptions outlined in paragraphs 3.19 to 3.21 in the report are agreed and updated during the budget process should better information become available.
That Cabinet approves the draft response to the Welsh Government on the provisional settlement.
That the budget process as outlined in paragraph 3.24 is adopted including member budget scrutiny and consultation conducted with Select Committees, and consultation with the public, businesses, JAG, schools budget forum and the Equality and Diversity Group.