Issue details

Budget Report 2025-26 and Medium Term Financial Strategy 2025-28

This report sets out the issues and actions which inform the development of the Council’s Medium Term Financial Strategy (MTFS) 2025-28.

Decision type: Key

Reason Key: Expenditure or Savings of over £1 Million;

Decision status: For Determination

Wards affected: (All Wards);

Notice of proposed decision first published: 27/09/2024

Decision due: 8 Jan 25 by Cabinet

Lead member: Cabinet Member for Resources and the Cost of Living

Lead director: Corporate Director, Resources

Department: Resources

Contact: Abdulrazak Kassim, (Director Finance, Procurement and Audit) Email: abdulrazak.kassim@towerhamlets.gov.uk.

Consultation process

Internal consultation will take place via MAB SRP, Star Chamber sessions and Overview and Scrutiny meetings.

Consultees

The Mayor, Lead Member for Resources and the Cost of Living; and the Chair of Overview and Scrutiny Committee will be consulted.

Has an Equality Analysis been carried out and if so the result of this Assessment?: No

What supporting documents or other information will be available?: N/A