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Decision details

Budget Position for Year 2023/24

Decision status: Recommendations Approved




The Committee considered a report of the Director of Finance and Commercial Services providing an update on the progress of the 2023/24 budget process.



The report indicated that the financial pressures facing the Education, Children and Families Policy Committee in 2023/24 amounted to £12.4m.  Mitigations of £6.9m had been noted at the previous meeting of the Committee, leaving further savings of £5.5m needing to be found, and it was reported that this figure had now reduced to £3.4m in the light of further mitigations which had recently been endorsed by members of the Committee from all three political groups on the Council.




RESOLVED UNANIMOUSLY: That the Education, Children and Families Policy Committee notes the update on the Council’s budget position for 2023/24.




Reasons for Decision




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 Policy Committee on 31 May 2022 and 5 July 2022.




Alternatives Considered and Rejected




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





Publication date: 18/11/2022

Date of decision: 09/11/2022

Decided at meeting: 09/11/2022 - Education, Children and Families Policy Committee

Accompanying Documents: