Issue - meetings

Budget Proposals

Meeting: 01/02/2022 - Communities, Housing and Environment Committee (Item 144)

144 Medium Term Financial Strategy and Budget Proposals pdf icon PDF 188 KB

Additional documents:

Minutes:

The Director of Finance and Business Improvement introduced the report and explained that although there had been a favourable financial settlement from the government, this was set against a higher inflation rate than had been anticipated. Financial challenges for the budget included the extra costs associated with the new waste contract, the commitment to affordable housing which would require subsidy from the Council, and the public toilet contract. Additional resource had been allocated to community protection to give the team more flexibility to respond to issues such as anti-social behaviour in the Borough.

 

Continual savings were made through the Council’s own provision of temporary accommodation and the in-house management of CCTV. The main expenditure on the capital programme was the affordable housing programme, which had been allocated £113 million for the five-year period to 26/27. 

 

In response to questions, the Director of Finance and Business Improvement explained that the budget allocated for public toilets included all those managed by waste services, and the growth was due to the new waste contract and the addition of public toilets, for example in Mote Park.

 

RESOLVED: That

 

1.  The revenue budget proposals for services within the remit of this Committee, as set out in Appendix A, be agreed for submission to Policy and Resources Committee; and

 

2.  The capital budget proposals for services within the remit of this Committee, as set out in Appendix B, be agreed for submission to Policy and Resources Committee.