Cheshire East Budget

Medium Term Financial Strategy 2024-28

Our budget has outlined a 4.99% council tax rise for 2024/25. Find out how every £1 of your council tax is spent on our council tax pages.

Cheshire East Council met on 27 February 2024 and agreed the Medium-Term Financial Strategy Report for 2024/25 to 2027/28.

The report provides detailed information on the issues facing the Council in the medium term and shows how these are being addressed to present a balanced financial position for the 2024/25 financial year.

The appendix to the report entitled the Medium-Term Financial Strategy 2024-28 (PDF, 4 MB) features:

  • An Executive Summary
  • The detailed Medium-Term Financial Strategy Report

Section 1 sets out the budget changes for each of our Committees and more details of the actions each service area will be taking over the next four years to deliver these. 

Section 2 of the report sets out how the Council’s expenditure will be funded from Government grants, Business Rates and Council Tax. This includes details of the 4.99% increase in Council Tax for 2024/25 (including 2% ring-fenced specifically for Adult Social Care).

The annexes to the report provide supporting information including line by line detail of the grants, budget policy changes and capital schemes that have been agreed as part of the Budget package. The latest Reserves Strategy, Investment Strategy and Treasury Management Strategy is also provided.

Page 402 of the MTFS has been revised following the publication of the Council agenda papers to update for some presentational errors.

Supporting information - HLBCs

Displaying 1 to 30 of 108
Previous 1 2 3 4 Next

Budget Consultation 2024

Cheshire East Council is invited opinions and views from residents, businesses, councillors, staff, town and parish councils, local community groups and other stakeholders on the Council’s budget for the next financial year. 

The budget consultation ran until 28 January 2024.

You can view the feedback from this year's budget engagement document below.

Further information - 5 measures

The Council adopts a standard five measures approach to balancing the MTFS and each measure is explored in relation to the medium-term balancing of the MTFS . The measures are:

Measures and descriptions

Measure One ~


Financial Assumptions

Estimates related to Government funding and inflation in particular are checked against up to date indices and policies.

Measure Two ~

Review Local Taxation

Flexibility in Council Tax and business rates is explored in relation to emerging Government policy, demographic changes, local service ambitions and growth in the tax base.

Measure Three ~

Manage Reserves

The impact of the Council’s Reserves Strategy is analysed, particularly in relation to risk and investment.

Measure Four and Five ~

Manage Cost Drivers & Income

Options for future service delivery are challenged to ensure outcomes will be achieved in a cost effective and efficient way.

Our Five Measures to Balancing the MTFS (PDF, 159KB) document contains detailed information on how these measures have been addressed.

Page last reviewed: 29 February 2024