The
report is produced annually to update the Cabinet on the budget
strategy and normally follows the publication of the provisional
finance settlement figures. The Autumn Statement was given by the
Chancellor of the Exchequer on 3rd December 2014 and the
provisional finance settlement, although imminent, had not been
received at the time of writing this report.
A
decision on the recommendations in this report also enabled the
Cabinet to formally consult the Strategic Leadership and Corporate Services Overview and
Scrutiny Committee on the current situation in relation to the
budget strategy in January 2015. Such consultation is a requirement
of the Constitution.
It was
essential that Cabinet considered the latest information at this
time in order to remain on target for a balanced budget to be
presented to Council at the end of February 2014.
Decision type: Key
Reason Key: Budget Reports;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 21/05/2014
