Medium Term Financial Strategy (MTFS)

2021/22 to 2022/23

The Medium Term Financial Strategy demonstrates how the council’s financial resources will be deployed over the next two years to deliver declared aims and priorities.

It sets out the overall shape of the council’s budget by determining the level of resources that will be available and how these are currently allocated between services.

This provides a medium term framework to enable members and officers to develop detailed annual budget allocations.

MTFS key plans and strategies

The MTFS is supported by the Capital Strategy which incorporates the following:

• Capital Programme.
• Corporate Asset Management Policy.
• Treasury Management Strategy.

The delivery of this strategy is dependent on the resources made available through government settlements and on the success of the council in realigning resources to its aims and priorities.

You can download the MTFS and associated documents below.

• Medium Term Financial Strategy 2021/22 to 2022/23

  Download this document: Medium Term Financial Strategy 2021/22 to 2022/23 (PDF: 754 KB)

  The strategy sets out the overall shape of the council's budget by determining the level of resources that will be available and how these are currently allocated between services. The medium term framework enables members and officers to develop detailed annual budget allocations.

  First published: 28/04/2021

• Capital Strategy 2021/22 to 2025/26

  Download this document: Capital Strategy 2021/22 to 2025/26 (PDF: 256 KB)

  Sets out the council’s approach to capital investment over the next three years. It is informed by the council’s Corporate Asset Management Plan and is an integral part of the Medium Term Financial Strategy (MTFS).

  First published: 28/04/2021

• Capital Programme 2021/22 to 2025/26

  Download this document: Capital Programme 2021/22 to 2025/26 (PDF: 351 KB)

  This document takes into account corporate aims and priorities, assets as indicated in the corporate and business asset plans and funding identified in the Capital Strategy.

  First published: 28/04/2021

• Corporate Asset Management Policy 2021/22

  Download this document: Corporate Asset Management Policy 2021/22 (PDF: 232 KB)

  This policy sets out the council's asset management policy for the next 12 months, and priorities for each class of asset and the future decision-making criteria around investments and disposals.

  First published: 28/04/2021

• Treasury Management Strategy 2021/22

  Download this document: Treasury Management Strategy 2021/22 (PDF: 566 KB)

  This document is based upon the Chief Finance Officers view on interest rates supplemented by leading market forecasts.

  First published: 28/04/2021

• Budget Book 2021/22

  Download this document: Budget Book 2021/22 (PDF: 1.7 MB)

  This document sets out the detailed revenue and capital budgets for 2021/22 and forecasts for future years.

  First published: 28/04/2021