Medium Term Financial Strategy (MTFS) 2022/23- 2026/27

Cabinet is requested to recommend to Council:

• the approval of the Medium-Term Financial Strategy for 2022/23 to 2026/27 including the proposed MTFS principles and the medium-term financial context as set out in this report and appendix
• to agree the outcome of the reserves review and approve the reserves balances as outlined in appendix 1 to the report

For the following reasons:

• to contribute to the good financial management practice of the Council
• to assist the maintaining of the financial sustainability of the Council over the medium to long term