The Committee considered the report of the Director of Regeneration and Communities regarding the risk analysis of the Finance Section’s service plan in respect of the Budget Strategy 2014/15 onwards.

The Head of Finance and Resources explained each of the risks set out in Appendix D to the Committee.

The Committee asked a number of questions of the Officers in relation to:

·  The risk related to out of town business centres;

·  Projected outturns;

·  Zero based budgeting;

·  New homes bonus; and

·  Collection fund

RESOLVED: That the Cabinet be recommended to agree, without amendment, the risk assessment of the budget strategy for 2014/15 onwards as set out in Appendix D to the report of the Director for Regeneration and Communities.