Decision details

General Fund Draft Budget 2022-23 and Medium Term Plan 2022-23 to 2025-26

Decision Maker: Executive, Council

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To recommend to Council:
• Approval of the general fund revenue budget for 2022-23
• Agreement of a council tax requirement for 2022-23
• Declaration of any surplus/deficit on the collection fund

Decision:

Decision:

 

(1)   That the budget assumptions used in the preparation of the 2022-23 draft budget and three year forward projections be approved.

 

(2)   That the current position on the draft budget for 2022-23 and the budget shortfall anticipated over the three years to 2024-25, be noted.

 

(3)   That the savings identified as part of the savings strategy for 2022-23 through to 2025-26 (Sections 11,12,13 of, and Appendix 3 to, the report submitted to the Executive) which have been included in the draft budget, be approved.

 

(4)   That the in-year savings of £46,750 arising from the review of classical music, book festival, voluntary and CAB grants for 2021-22, which were not included as part of the 2021-22 budget, be approved.

 

(5)   That the additional growth items identified in section 11 and Appendix 3 which have been included in the draft budget, be approved.

 

(6)   That the proposal to Council to make the contributions to/from the Council’s various earmarked reserves for specific purposes as set out in section 9 of the report as part of the budget report in February 2022, be approved.

 

Reason:

To assist the Executive in the preparation of the General Fund estimates for 2022-23.

 

Other options considered and rejected by the Executive:

None.

 

Details of any conflict of interest declared by the Leader or lead councillors and any dispensation granted:

None.

Report author: Claire Morris

Publication date: 24/11/2021

Date of decision: 23/11/2021

Decided at meeting: 23/11/2021 - Executive

Effective from: 02/12/2021

Accompanying Documents: