Issue - decisions
Draft Budget 2024-2025
14/12/2023 - Draft Budget 2024-2025
Councillor Alaric Smith, Executive Member for Finance, introduced the report, giving the Executive a detailed update on the developing budget for 2024-2025.
The Executive Member detailed some of the funding challenges experienced by the Council over recent months and years, with emphasis given to overall reductions in funding from Central Government, and costs associated with both the recent Publica Review and service improvements with Ubico.
The Executive Member also highlighted that the Council had received 361 responses to its ongoing Budget Consultation, and that the deadline was approaching.
In debate, the Executive highlighted that conversations were ongoing with the Council’s Leisure provider GLL, and that financial viabilities and improvement works would be documented and explained within the wider budget process. It was also highlighted that increases in the National Living Wage, as set out by Central Government in the 2023 Autumn Statement, and other funding settlement figures would also have an impact on the progressing budget before its final considerations in 2024.
Councillor Alaric Smith proposed that the Executive agree to the recommendations as listed on the report. This was seconded by Councillor Andy Graham, was put to a vote, and was agreed unanimously by the Executive.
The Executive Resolved to:
1. Note the update on the developing budget for 2024-2025.