Agenda item
Draft Budget (00.22.41)
- Meeting of Scrutiny Committee, Monday, 27th January, 2020 2.15 pm (Item 117.)
- View the background to item 117.
To consider the initial draft 2020/21 Budget and options available in order for the Council to set a balanced budget.
Minutes:
The Committee had before it and NOTED the *draft budget report from the Deputy Chief Executive (S151) presented by the Group Manager for Finance.
She informed Members that the present budget gap was £234k and that it was not recommended that reserves were used to plug the gap.
She confirmed that there had been no monies set aside in the budget for future Climate Change specific projects. She explained that a business case and action plan detailing the projects required and costings would need to be agreed and approved.
Members gave consideration to the following:
· The current year’s budget deficit
· The cost of the cancellation of the Tiverton Town Centre Regeneration Project due to committed expenditure
· Renewable energy transactions
· Major repairs allowance
· Garage rents
· Planned maintenance programme for Council Housing Stock
Note: *draft budget report previously circulated and attached to the minutes
Supporting documents:
- Appendix 1 Budget Gap Position, item 117. PDF 19 KB
- Appendix 2 Gap Tracker, item 117. PDF 218 KB
- Appendix 3 Earmarked Reserves, item 117. PDF 427 KB
- Appendix 4 Capital Programme, item 117. PDF 210 KB
- Restricted enclosure View the reasons why document 117./5 is restricted
- Appendix 6 Level of Reserves Review, item 117. PDF 212 KB
- HRA Report, item 117. PDF 64 KB
- HRA Budget Appendix 1, item 117. PDF 190 KB
- HRA Budget Appendix 2, item 117. PDF 544 KB
- HRA Budget Appendix 3, item 117. PDF 516 KB
- HRA Budget Appendix 4, item 117. PDF 185 KB
- HRA Budget Appendix 5, item 117. PDF 501 KB
- Scrutiny GF 2020-21 Budget Report 27 Jan 2020, item 117. PDF 126 KB