Agenda item

10.1

The Director of Finance and Commercial Services submitted a report outlining the progress to date from each Policy Committee in delivering a balanced budget for 2024/25 and to note the budget proposals for the Strategy and Resources Policy Committee.  Details of the Government’s local government funding settlement, announced earlier in the week, were provided and the implications on the budget were set out.

10.2

RESOLVED UNANIMOUSLY: That Strategy and Resources Policy Committee:-

(a) notes the budget proposals presented to the Policy Committees, as detailed in the report now submitted;

(b) notes that action is required by those Committees not presenting a balance position; and

(c ) notes this Committee’s initial response for budget proposals, as set out in this report, including Part B.

10.3

Reasons for Decision

10.3.1

The recommendations in this report sets out the next steps to deliver a balanced budget for 2024/25 and the HRA housing rents.

10.4

Alternatives Considered and Rejected

10.4.1

The Council is required by law to deliver a balance budget and therefore each Committee needs to delivery savings to achieve this. No alternatives have been considered at this stage.

10.1

The Director of Finance and Commercial Services submitted a report outlining the progress to date from each Policy Committee in delivering a balanced budget for 2024/25 and to note the budget proposals for the Strategy and Resources Policy Committee.  Details of the Government’s local government funding settlement, announced earlier in the week, were provided and the implications on the budget were set out.

During consideration of this item of business, and in order for Members of the Committee to ask questions on the exempt appendix of the report, it was RESOLVED: That the public and press be excluded from the meeting and the webcast be paused before further discussion takes place on the grounds that, in view of the nature of the business to be transacted, if those persons were present, there would be a disclosure to them of exempt information as described in paragraph 3 of Schedule 12A to the Local Government Act 1972, as amended.

The meeting was re-opened to the public and press, and the webcast was recommenced, prior to the decision being taken by the Committee.

10.2

RESOLVED UNANIMOUSLY: That Strategy and Resources Policy Committee:-

(a) notes the budget proposals presented to the Policy Committees, as detailed in the report now submitted;

(b) notes that action is required by those Committees not presenting a balance position; and

(c) notes this Committee’s initial response for budget proposals, as set out in this report, including Part B.

10.3

Reasons for Decision

10.3.1

The recommendations in this report sets out the next steps to deliver a balanced budget for 2024/25 and the HRA housing rents.

10.4

Alternatives Considered and Rejected

10.4.1

The Council is required by law to deliver a balance budget and therefore each Committee needs to delivery savings to achieve this. No alternatives have been considered at this stage.