MTFP definition
Examples of MTFP in a sentence
Delivering MTFP (over / under) MTFP as agreed with the company is guaranteed.
Redundancy The council and the companies in agreeing the MTFP, the Business Plans and workforce plans will work to smooth out workforce requirements so that there are no unexpected drops in demand that cannot be managed out.
The new MTFP contains ambitious targets on increasing the numbers of placements available with internal ▇▇▇▇▇▇ carers, carers registered with Sandwell Children’s Trusts independent fostering agency, whilst at the same time reducing those in external ▇▇▇▇▇▇ care, which will see a reduction in the overall average price of ▇▇▇▇▇▇ care.
The new MTFP, given the level of uncertainty around the longer-term impact of COVID, is realistic in modifying expectations of further reductions in the rate per 10,000 of Children in Care.
Since it is important that the Government manages its development objectives in tandem with its fiscal goals these development priorities are considered along with the GOVI’s fiscal strategy and embodied in this Medium Term Fiscal Plan (MTFP).
Regular updates against progress against key targets/milestones on Placements within the context of wider MTFP will be provided to both the Operational and Strategic forums already established with the Council.
However, this arrangement will provide continuity of service and time to set up and enable a smooth transition of transactional service provision to a new partner, which will ultimately provide a more efficient and cost effective service, which will realise savings over the MTFP.
This MTFP is for planning purposes and will be considered and noted by the SC.
Education 2.799 3.026 0.227 Children & Family Services 37.837 38.937 1.100 14-19 Services 0.341 0.236 (0.105) The forecast is the cumulative net position of: £0.282m overspend on SEN Transport – which is 2 elements £0.283m overspend in relation to pre-16 SEN, this is a continuation of the 2019/20 outturn pressure against a reduced budget as per the MTFP.
The above are offset by a forecast £0.043m surplus in relation to post 19 provision The forecast is the net position across the SI and Governance teams: The Governance team is forecasting a £0.026m deficit for the year, this is in relation to the budget reduction applied to the service area as part of the balancing the costs of services (BTCOS) review within the MTFP program.