30.1ReportsaThe Cabinet considered a report by the Chief Executive
30.2 It was RESOLVED to:
1) note that there is no change to the Medium Term Financial Plan (MTFP) resulting from current announcements;
2) note the uncertainty that will remain until the Local Government settlement announcement; and
3) agree that more detailed work is carried out to develop the detailed draft plan for 2016/17 and the following two years
Reason
30.3
A number
of the announcements will be subject to further Government
announcements and consultation and consideration. The Comprehensive
Spending Review has confirmed a significant change not just to the
way local government is financed but to the services for which it
is responsible at a strategic level. The effect of this on the
County Council will be felt immediately in 2016/17, but the longer
term future will only become clearer over the course of the next
year. In January 2016 Cabinet will receive the outcome of all the
consultation and the impact of the provisional settlement on the
MTFP. Cabinet will then make recommendations for Full Council to
consider in February.