Issue - meetings

Draft Medium Term Financial Strategy (MTFS) and 2020/21 LEP budget

 

 

Meeting: 18/11/2019 - Mayoral Combined Authority Board (Item 12)

12 Draft Financial Strategy 2020-25 and Budget 2020-21 pdf icon PDF 262 KB

Additional documents:

Minutes:

A report was received to outline the current financial position of Mayoral Combined Authority then set out the principles underpinning a 5-year financial strategy for the organisation to deliver on its ambitions within the resources available.

 

RESOLVED, that the MCA

 

  1. Approves the overall Financial Strategy 2020 to 2025 identified in the report.

 

Approves the strategy as the basis of developing the detailed 2020/21 budget, to be brought back in early 2020 for formal approval.