This discussion paper provides an update on:

- the current position

- actions being taken to mitigate the identified risks

-further options to consider to mitigate and manage any emerging risks

The primary objective is to ensure delivery of the 2024/25 budget which forms year one of the Medium-Term Financial Strategy (MTFS) as approved by full Council on 28^th February 2024.

The Mayor noted and agreed the reasons for urgency as set out in the report.

DECISION

1.    Note the actions being taken to deliver the Medium-Term Financial Strategy approved on 28^th February 2024.

Action by

CORPORATE DIRECTOR RESOURCES (J. LORRAINE)

Director of Finance, Procurement and Audit (A. Kassim)