Agenda item

13.1

The Committee considered a report that updated the Committee on the progress of the 2023/24 budget process.

The appendix contained specific budget proposals that the Committee were asked to endorse

13.2

RESOLVED UNANIMOUSLY: That the Transport, Regeneration and Climate Policy Committee:-

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

2.     Endorse the budget proposals set out in Appendix 1.

13.3

Reasons for Decision

13.3.1

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.

13.4

Alternatives Considered and Rejected

13.4.1

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.

13.1

The Committee considered a report of the Executive Director-Resouces that updated the Committee on the progress of the 2023/24 budget process.

The appendix contained specific budget proposals that the Committee were asked to endorse.

The committee were advised that a report would be submitted to Strategy and Resources on the 5^th December 2022.

13.2

RESOLVED UNANIMOUSLY: That the Transport, Regeneration and Climate Policy Committee:-

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

2.     Endorse the budget proposals set out in Appendix 1.

13.3

Reasons for Decision

13.3.1

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.

13.4

Alternatives Considered and Rejected

13.4.1

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.