Decision details

Audit Scotland recommend that all Councils have long term financial strategies in place, ideally covering five to ten years.  The Policy and Resources Committee considered a report which introduced the Council’s medium to long term financial strategy.  The strategy provided medium to longer term forecasts for revenue, capital and treasury management along with information about what the Council had in place to mitigate against future funding gaps.

Decision

The Policy and Resources Committee endorsed the medium to long term financial strategy for the Council.

(Reference:  Report by Head of Strategic Finance dated 26 September 2017, submitted)