Decision details

Budget Process

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To note the Council’s approach to budget setting for 2007-08.

Decision:

That the approach to establishing the budget for 2007/08 as set out in the draft Medium-Term Financial Management Strategy be approved.

Reasons for the decision:

Herefordshire Council is committed to sustainable improvements in services.  The budget setting process is a key element supporting the move to excellence in financial planning and management with a Medium Term Financial Management Strategy (MTFMS) that makes sure cash resources follow corporate priorities.

Alternative options considered:

There are no alternative options

Wards Affected: (All Wards);

Publication date: 13/10/2006

Date of decision: 12/10/2006