Issue - meetings

Indicative Budget Timeline and Scrutiny Process 2024/25 - Update

Meeting: 16/11/2023 - Executive (Item 541)

541 Indicative Budget Timeline and Scrutiny Process 2024/25 - Update pdf icon PDF 763 KB

Decision:

RESOLVED

 

That the Executive:

 

a)      Approved the proposed process and noted the timeline for the setting of the budget and that this may be subject to change in line with Government announcements or other factors.  In particular:

 

·       the proposed budget setting and scrutiny arrangements for the Children’s Trust as set out in this report, see particularly paragraphs 5.7 to 5.11 of the report.

 

·       the overall indicative timeline for the budget setting as set out under paragraph 5.13.

 

b)      Noted that the process has been to the Corporate Scrutiny Committee for comment, and that the approach outlined in this report was approved.

 

 

Reason for Recommendations –To inform Executive of the indicative budget setting timeline for 2024/25 and the arrangements for the scrutiny of the budget by the Corporate Scrutiny Committee.

 

Alternative Options – There are no alternative options under consideration, due to the need to meet approval deadlines and consultation requirements.  The Corporate Scrutiny Committee considered the proposals as set out in section 6 of this report regarding the scrutiny arrangements and were agreed to proceed on the basis as outlined.  Some dates of the scrutiny committee work group meetings remain subject to finalisation, as outlined in the report, and others may be affected by further Government announcements.

 

Minutes:

The Chair invited Cllr Lyn Buckingham to address the meeting. Cllr Buckingham endorsed the scrutiny process, stating that it had been well thought out and was proving enjoyable in terms of learning about each service area and the financial pressures they faced. Cllr Buckingham stated that she was looking forward to Phase 2 of the scrutiny process commencing.

 

The Chair thanked Cllr Buckingham for her comments and her role within the scrutiny process.

 

The Chair then invited Cllr Lloyd Bunday, Executive Member for Finance and Transformation to introduce a report that provided an overview of the budget timeline for the 2024/25 budget process for the General Fund and associated Medium-Term Financial Plan (MTFP), the Housing Revenue Account, MTFP and housing rent levels and the Capital Strategy and Capital Programme for 2024-2028. An update was also provided in regard to the proposed arrangements for scrutiny.

 

Cllr Bunday stated that the local government settlement would be communicated to the Council in the week leading up to the Christmas period and the budget process would be concluded at Full Council in February 2024 where the draft budgets detailed above would be approved.

 

Cllr Helen Howell spoke to welcome an excellent report that offered clear guidance as to the scrutiny processes involved in setting the Council’s budget.

 

Cllr David Brackenbury spoke to endorse the timetable and scrutiny process and noted the hard work of scrutiny members in ensuring that the Council’s budget setting process would be properly scrutinised.

 

 

RESOLVED

 

That the Executive:

 

a)      Approved the proposed process and noted the timeline for the setting of the budget and that this may be subject to change in line with Government announcements or other factors.  In particular:

 

·       the proposed budget setting and scrutiny arrangements for the Children’s Trust as set out in this report, see particularly paragraphs 5.7 to 5.11 of the report.

 

·       the overall indicative timeline for the budget setting as set out under paragraph 5.13.

 

b)      Noted that the process has been to the Corporate Scrutiny Committee for comment, and that the approach outlined in this report was approved.

 

 

Reason for Recommendations –To inform Executive of the indicative budget setting timeline for 2024/25 and the arrangements for the scrutiny of the budget by the Corporate Scrutiny Committee.

 

Alternative Options – There are no alternative options under consideration, due to the need to meet approval deadlines and consultation requirements.  The Corporate Scrutiny Committee considered the proposals as set out in section 6 of this report regarding the scrutiny arrangements and were agreed to proceed on the basis as outlined.  Some dates of the scrutiny committee work group meetings remain subject to finalisation, as outlined in the report, and others may be affected by further Government announcements.