Report of the Director of Finance and Commercial Services
Decision:
11.1 |
The report updated the Policy Committee on the progress of the 2023/24 budget process.
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11.2 |
RESOLVED UNANIMOUSLY: That the Economic Development and Skills Policy Committee Policy Committee:-
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1. Note the update on the Council’s 2023/24 budget position; and
2. Endorse the budget proposals set out in Appendix 1 of the report. |
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11.3 |
Reasons for Decision |
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11.3.1 |
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. |
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11.4 |
Alternatives Considered and Rejected |
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11.4.1 |
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. |
Minutes:
11.1 |
The report updated the Policy Committee on the progress of the 2023/24 budget process.
The Director of Finance and Commercial Services presented the report and explained that significant work was being done to secure broad political agreement prior to submission to Strategy and Resources Policy Committee who would recommend the final budget to Full Council for approval.
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11.2 |
RESOLVED UNANIMOUSLY: That the Economic Development and Skills Policy Committee Policy Committee:-
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1. Note the update on the Council’s 2023/24 budget position; and
2. Endorse the budget proposals set out in Appendix 1 of the report. |
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11.3 |
Reasons for Decision |
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11.3.1 |
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. |
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11.4 |
Alternatives Considered and Rejected |
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11.4.1 |
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. |
Supporting documents: