43 Budget Projection and Strategy 2023/24 PDF 746 KB
To consider and decide on the recommendations set out in the associated report.
Additional documents:
Decision:
RESOLVED – That work continues towards reducing the projected budget deficit in line with the Budget Strategy, to report back in October and prior to the public consultation on the draft budget in December be approved.
REASON FOR DECISION: To agree the form of consultation and begin the process of setting the budget for 2023/24.
Minutes:
Councillor Christopher Hall, Cabinet Member for Finance and Performance introduced Lee Colyer, Director of Finance, Policy and Development who presented the report as per the agenda.
Discussion and questions from Members included:
i. Members were pleased to see that the £944,000 deficit that was currently in place for the year was expected to be smaller than back in February.
ii. Members were proud that as an incoming administration on day 121 had taken decisive action to safeguard Council services that residents valued, however it was noted that there was more work needed.
RESOLVED – That work continues towards reducing the projected budget deficit in line with the Budget Strategy, to report back in October and prior to the public consultation on the draft budget in December be approved.
REASON FOR DECISION: To agree the form of consultation and begin the process of setting the budget for 2023/24.
6. Budget Projection and Strategy 2023/24 PDF 746 KB
To consider and provide a recommendation to Cabinet on the proposals set out in the attached report.
Additional documents: