Agenda item

The Board considered a report of the Director of Transformation and Partnerships that provided an update on the progress made at the end of September 2016 on the delivery of the 2016/17 Medium Term Financial Plan (MTFP6) (for copy see file of minutes).

The Head of Planning and Performance reported that the MTFP6 was agreed by Council in February 2016 and for 2016/17 the savings target was just over £28million, which forms part of the overall savings target for the period from 2011/12 to 2019/20 of around £250million.

It was reported by the end of September 2016, over 83% of the savings target for MTFP6 had already been met with £23.5million of savings having been achieved. The total savings delivered since April 2011 was over £180million. Including public health savings, by the end of March 2017 total savings of £185.9million will have been achieved.

Resolved:

That the information contained in the report and the progress made in delivering the MTFP6 be noted.