Report of the Deputy Chief Executive and S151 Officer.
The Cabinet were presented a *report from the Deputy Chief Executive (S151) which provided an update on the 2023/24 Budget position and discussed further options for cost savings or income generation.
The Deputy Chief Executive (S151) highlighted that the financial settlement had been delivered with estimates that were close to the Council’s financial position. This settlement provided a 3% minimum baseline for all Councils.
In addition, the resident survey responses would be provided to the Policy Development Groups (PDG) for comment and that the Council’s general fund was circa £900,000 away from a balanced position. In addition, proposals with facilitated discussion were upcoming with the four PDGs.
Members discussed the following:
It was therefore RESOLVED: That Cabinet
(Proposed by Cllr R Deed and seconded by Cllr C Slade)
Reason for Decision: As stated in the report.
Note: * report previously circulated and attached to the minutes