This report presents the Council’s Medium Term Financial Strategy for 2012/13 to 2015/16 and the Council’s Budget for 2012/13 for consultation. 

Resolved to:-

(1)   Agree the Council’s Medium Term Financial Strategy for 2012-13 to 2015-16 and the 2012-13 General Fund, Housing Revenue Account and Capital budgets for consultation as set out in Appendices 1-7 to the report;

(2)   Instruct officers to proceed with delivering the efficiency savings as set out in Appendix 3 to the report in line with prudent financial management;

(3)   Thank officers from the Finance Service for producing a high quality budget document for consultation; and

(4)   Place on record thanks to all staff across the Council for their continued hard work and positive attitude during challenging financial times.