(a)  That it be noted that the funding gap of £80m for the period 2014-17 identified in the Council Business Plan and Financial Strategy agreed by Council in February 2014 was retained for planning purposes.

(b)  That the initial funding gap identified for 2017/18 be noted, which would be refined before being built into the Council’s next Medium Term Financial Plan.

(c)  That it be noted that a further, updated report, was due to be presented to Council in September to reflect the financial implications of the planned university and Annual Business Plan for ip&e.