i.
The procedure and timetable to draw up the 2022/2023 Budget was
approved.
ii. If there was a funding gap in
balancing the 2022/23 budget, it was noted that the Council would use
contingency budgets and reserves to mitigate resource losses in the short-term,
and carefully identify any additional savings required during the summer of
2022.
iii.
The contents of the report were accepted as the Council's Medium Term
Financial Plan, whilst noting that, in the current context, financial planning
was extremely challenging.