Spending and performance

Medium Term Financial Strategy (MTFS)

2024/25 to 2027/28

The Medium Term Financial Strategy demonstrates how the council’s financial resources will be deployed over the next four 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 and Asset Strategy which incorporates the following:

  • Capital Programme
  • Asset Management Report
  • 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 2024/25 to 2027/28

    Download this document: Medium Term Financial Strategy 2024/25 to 2027/28 (PDF: 336 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

    Last updated: 18/06/2024

  • Capital and Asset Strategy 2024/25 to 2028/29

    Download this document: Capital and Asset Strategy 2024/25 to 2028/29 (PDF: 870 KB)

    Sets out the council’s approach to capital investment over the next five 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

    Last updated: 18/06/2024

  • Capital Programme 2024/25 to 2028/29

    Download this document: Capital Programme 2024/25 to 2028/29 (PDF: 465 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

    Last updated: 18/06/2024

  • Asset Management Report 2024/25

    Download this document: Asset Management Report 2024/25 (PDF: 737 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

    Last updated: 18/06/2024

  • Treasury Management Strategy 2024/25

    Download this document: Treasury Management Strategy 2024/25 (PDF: 576 KB)

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

    First published: 28/04/2021

    Last updated: 18/06/2024