Purpose

To seek Cabinet approval to progress to consultation with budget savings proposals for inclusion in the five year financial plan from 2024/25.

Decision

RESOLVED to:

 

1)   
Note the financial
context and approach to budget setting for 2024/25 as set out in the report;

 

2)   
Note the possible
options in respect of budget savings for the 2024/25 Financial Year;

 

3)   
Refer these
proposals to the Improvement and Scrutiny Committee for Resources for
consideration at its meeting on the 22 January 2024 and request that the
Improvement & Scrutiny Committee provide feedback in order that it can be
considered at the Budget Cabinet meeting on the 1 February 2024; and

 

4)   
Note that, where
the proposed savings and efficiencies do not progress, alternative savings will
need to be found in order to meet the Council’s legal obligations to set a
balanced budget.