Venue: Virtual meeting via Microsoft Teams
Contact: Mike Bradbury Email: firstname.lastname@example.org
Decision – That the notes of the meeting held on 16 December 2020 be approved.
Leader of the Council and Cabinet Member for Finance
Reasons for the Decision – To provide Cabinet with an update on the Strategic Plan which explains the Council’s vision of what it hopes to achieve for Staffordshire for the years ahead; and also the accompanying Medium Term Financial Strategy (MTFS), which provides details of how the Council’s operations will be funded over the five year period 2021-2026.
Decision – (a) That, in respect of the Strategic Plan, the progress made regarding the update of the Strategic Plan 2018-2022 be noted.
(b) That, in respect of the Medium Term Financial Strategy (MTFS) 2021-26 and the 2021/22 revenue budget:
(i) The updates to the financial plans, as set out in the report, be noted;
(ii) The commitment to continue to deliver the cost reduction programme as set out in Appendices 3a – 3d of the report be endorsed;
(iii) The risks associated with these planned cost reductions, as set out in the report, be noted and the Senior Leadership be requested to undertake the ... view the full minutes text for item 67.