Issue details

This report updates Cabinet on the latest financial forecast from 2017-2021. In February 2016 central government issued a four year proposal to all local authorities regarding future funding (2016-2020). Councils need to give notice to DCLG of the intention to accept this offer by October 2016, and in doing so must set out an efficiency strategy to ensure that the council can maintain its financial standing in light of this offer. This report sets out Wiltshire’s consideration of that offer and its efficiency strategy and assumptions behind that to deliver a balanced budget within that financial funding envelope.