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Interim Update to Medium Term Financial Strategy

To approve:
- Changes to 2020/21 General Fund revenue and capital budgets to address financial pressures resulting from the Covid-19 pandemic; and
- An interim update to the General Fund Medium Term Financial Strategy

Decision type: Key

Reason Key: Executive Proposals: Annual budget;

Decision status: For Determination

Notice of proposed decision first published: 21/05/2020

Decision due: 6 Jul 2020 by Executive Councillor for Finance and Resources

Lead member: Executive Councillor for Finance and Resources

Department: Finance

Contact: Caroline Ryba, Head of Finance Email: caroline.ryba@cambridge.gov.uk.

Additional Information: This is a key item and will automatically appear on the agenda.

Background Information: The Covid-19 pandemic and associated lockdown is impacting the council's expenditure and income streams. As a result, the council needs to reassess its current year budgets and longer term financial strategy.

Agenda items