2024/25 Budget Targets
September 26, 2023 Licensing and Planning Policy Committee (Committee) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to note the implications of budget targets, consider ways to address a projected funding gap, and acknowledge that any new revenue growth items must be fully funded from existing budgets due to the Council's deficit.
Full council record
Content
Following consideration, the Committee
unanimously resolved to:
(1)
Note the implications of the budget targets presented to Strategy
& Resources Committee on 13 July 2023.
(2)
Consider how additional income or savings can be generated to
address the projected Council wide funding gap of £1.1m in
2024/25, rising to £2.5m by 2027/28.
(3)
Note that owing to the Council’s projected budget deficit,
any additional new revenue growth items (i.e. service enhancements resulting in increased net
expenditure) supported by Policy Committees will need to be fully
funded from existing budgets.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 26 Sep 2023 |