Agenda item

The Board considered a report of the Assistant Chief Executive that provided an update on the progress made at the end of September 2014 on the delivery of the 2014/15 to 2016/17 Medium Term Financial Plan (MTFP 4) (for copy see file of minutes).

The Head of Policy and Communications reported that the Council remains in a strong position to meet the current financial challenges and the approach of early planning and robustly managing the implementation of the changes ensures that the council remains ahead of the savings target requirements.

The Council has delivered £18.8m of savings for 2014/15 (82% of the £23m target) which amounts to almost £133m of savings made since 2011.

Resolved:

That the information contained in the report and the progress being made in delivering the MTFP4 be noted.