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APPENDIX Appendix Medium Term Financial Plan 2022/23 Phase Two Budget Consultation DocumentEmbargoed until 3pm 21 January 2022037APPENDIX CONTENTS OVERVIEW1THE BUDGET PROCESS3COUNCIL DIRECTORATES4OVERALL
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What is medium term financial strategy?
Medium term financial strategy is a plan that outlines how an organization plans to manage its finances over a period of time typically ranging from 3 to 5 years.
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Medium term financial strategy is typically required to be filed by government agencies, large corporations, and organizations that receive public funding or grants.
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Information such as financial goals, revenue projections, expense forecasts, investment plans, and risk management strategies must be reported on a medium term financial strategy.
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