Decision details

8.1

The report updated the Policy Committee on the progress of the 2023/24 budget process. The appendix contained specific budget proposals that the Housing Policy Committee were asked to endorse.

8.2

RESOLVED UNANIMOUSLY: That the Housing Policy Committee:-

1.     Note the update on the Council’s 2023/24 budget position.

2.     Endorse the budget proposals set out in Appendix 1

8.3

Reasons for Decision

8.3.1

The Council is required by law to set a balanced budget each year. This report is pursuant to that objective and is in line with the process and timetable agreed by the Strategy and Resources Committee on 31 May 2022 and 5 July 2022.

8.4

Alternatives Considered and Rejected

8.4.1

The Council is required to both set a balance budget and to ensure that in-year income and expenditure are balanced. No other alternatives were considered.