Agenda item

16.1

The report updates the Strategy & Resources Committee on the progress of the 2023/24 budget process. The appendix contains specific budget proposals that the Committee are asked to endorse.

16.2

RESOLVED UNANIMOUSLY: That Strategy and Resources Policy Committee:-

1. Notes the update on the Council’s 2023/24 budget position, as set out in the report;

2. Endorses the budget proposals set out in the appendices and notes that the formal budget report be brought to the Strategy & Resources Committee on the 24th January 2023; and

3. Note that works continues towards balancing the 2023/24 budget including implementing the proposals agreed in this report.

16.3

Reasons for Decision

16.3.1

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.

16.4

Alternatives Considered and Rejected

16.4.1

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.

16.1

The Director of Finance and Commercial Services presented a report updating the Strategy & Resources Committee on the progress of the 2023/24 budget process. The appendix contains specific budget proposals that the Committee are asked to endorse.

16.2

RESOLVED UNANIMOUSLY: That Strategy and Resources Policy Committee:-

1. Notes the update on the Council’s 2023/24 budget position, as set out in the report;

2. Endorses the budget proposals set out in the appendices and notes that the formal budget report be brought to the Strategy & Resources Committee on the 24th January 2023; and

3. Note that works continues towards balancing the 2023/24 budget including implementing the proposals agreed in this report.

16.3

Reasons for Decision

16.3.1

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.

16.4

Alternatives Considered and Rejected

16.4.1

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.