Content

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.