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Budget meeting, Council - Friday 9 February 2024 10.00 am

February 9, 2024 Council View on council website  Watch video of meeting Read transcript (Professional subscription required)

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Summary

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The council meeting focused on budget approval and policy updates, with significant discussions on amendments and financial strategies for the upcoming fiscal year. Key decisions included the approval of the 2024-25 budget, capital investment budget, and pay policy statement, alongside debates on amendments affecting children's services funding.

  1. 2024-25 Budget Approval: The council approved the budget with a 4.99% increase in council tax. Arguments for the budget emphasized addressing inflation and service demands, particularly in children and social care. Opponents criticized the reliance on optimistic savings and efficiency gains. The approval implies tighter fiscal management and potential service impacts due to the tax increase.

  2. Capital Investment Budget and Strategy: The council passed the capital investment budget, which includes funding for infrastructure and public services. Proponents highlighted the necessity for road repairs and public rights of way improvements. Critics expressed concerns about the feasibility of the projected savings funding these investments. The decision is set to enhance local infrastructure but also places a significant reliance on achieving savings.

  3. Pay Policy Statement: The council unanimously approved the annual pay policy statement, which outlines the pay structure for council employees. Discussion points were minimal but included positive notes on reducing pay disparity and concerns about the gender pay gap. The approval ensures compliance with statutory requirements and continues efforts to address pay equity within the council workforce.

  4. Amendment to Children's Services Funding: An amendment was proposed to safeguard budget allocations for children's services by ring-fencing reserves, citing past budget overruns. The amendment passed narrowly, reflecting council's divided opinion on fiscal strategy versus service protection. This decision may restrict financial flexibility but aims to stabilize funding for vulnerable service areas.

The meeting was marked by robust debate, particularly on financial management and service funding, reflecting the council's focus on balancing fiscal responsibility with service needs.

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Topics

No topics have been identified for this meeting yet.

Meeting Documents

Agenda

Agenda frontsheet Friday 09-Feb-2024 10.00 Council
Budget amendments - agenda item no. 10 - 2024-25 budget setting Friday 09-Feb-2024 10.00 Council
Agenda item no. 5 - Questions from the public
Agenda item no. 6 - Questions from the members of the Council

Additional Documents

Appendix C Directorate Base Budgets 202425
Appendix D Treasury Management Strategy 2024-25
202425 Capital Investment Budget and Capital Strategy Update
Budget Council Meeting Procedure 2024 Friday 09-Feb-2024 10.00 Council
Public and Member Questions Friday 09-Feb-2024 10.00 Council
Public minutes Friday 09-Feb-2024 10.00 Council
Minutes - 08122023 - Council
202425 Council Tax Reduction Scheme
Appendix 1 - Approved 202324 Council Tax Reduction Scheme
Appendix E Earmarked Reserves to 31 March 2024
Pay Policy Statement
Appendix 1 Pay Policy Statement 2024-25
Appendix 2 - Questions from the members of the Council
Council Tax Premiums on Second Homes Empty Properties
Chief Executives annoucements - Council - 09.02.24
Appendix 1 - Questions from the public
202425 Budget Setting
Appendix A Medium Term Financial Strategy 202425 to 202728
Appendix B Proposed Savings Plans 2024-25
Appendix B Current Status of the approved capital programme
Appendix C Total proposed capital programe
Appendix D Proposed Capital Strategy
Appendix E Outline Strategic Business Cases for capital investment proposals
Chairmans announcements - Council - 09.02.24
Appendix A Proposed capital investment additions from 202425