Issue - meetings

Executive Board considered a report of the Operational Director, Finance, on initial revenue budget proposals for 2014/15.

RECOMMENDED: That Council approve the initial budget proposals for 2014/15 as set out in Appendix 1.

Executive Board had considered a report of the Operational Director, Finance, on initial revenue budget proposals for 2014/15.

Members wished to place on record their thanks to all staff that had worked on the budget preparations.

RESOLVED: That the initial budget proposals for 2014/15 as set out in Appendix 1 be approved.

The Board considered a report of the Operational Director, Finance, on initial revenue budget proposals for 2014/15.

          The Board was advised that budget savings proposals for 2014/15 were being developed by the Budget Working Group. However, a number of those proposals detailed at Appendix 1, could be implemented immediately in order to achieve a part-year saving in 2013/14. In addition, a number of the proposals would take time to implement and therefore by commencing the process as soon as possible, would assist in ensuring that they can be fully implemented by 1 April 2014.

          It was noted that the Government would announce its Grant Settlement for Local Government in late December 2013, at which point the Council’s actual funding gap would be identified. Further savings proposals that would enable the Council to deliver a balanced budget would be recommended to Council at its meeting on 5 March 2014.

          RESOLVED: That Council be recommended to approve the initial budget proposals for 2014/15 as set out in Appendix 1.