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NON-KEY DECISION
 
Following consideration of the officer report, appendices and
discussion, the Executive:
 

a.  Endorsed and
recommends to December's Full Council that the Council notes that
it has declared a financial emergency and endorses the range of
actions and mitigations being taken forward. Furthermore, that the
Council fully supports the Executive and Senior Officers to
continue its discussions with the Department for Levelling Up,
Housing and Communities (DLUHC) and formally requests a
capitalisation direction in order to set the 2024/25
budget.

 

b.  Approved a
consultation and engagement process on Council Tax and potential
service changes with the public and business sectors in line with
the proposals set out in this report.

 

c.  Approved the
re-allocation of the Earmarked Reserves as set out in Appendix 1
and receives a further update in February 2024.

 

d.  Received the draft
2024/25 budget proposals at the January Executive including details
of the savings proposals and finance settlement for the
council.

 

e.  Noted the
‘Vision for a sustainable Somerset Council’ and
approves that an outline Business Case is developed for the January
2024 Executive meeting.

 

f.   Noted the
review of the 2023/24 capital programme and the review of new bids
for 2024/25 schemes with the full details being included in the
report to Executive in January 2024 for approval by February 2024
Council.
 
ALTERNATIVE OPTIONS CONSIDERED:
As set out in the officer report
 
REASON FOR DECISION: As set out
in the officer report