Issue - meetings
Medium Term Financial Strategy 201617 Onwards
Meeting: 16/12/2015 - Policy and Resources Committee (Item 127)
Additional documents:
- Appendix A MTFS - Revised Strategic Revenue Projection 2016 17 Onwards, item 127
PDF 95 KB
- Appendix B MTFS - Parish LCTSD Funding 2016 17, item 127
PDF 248 KB
- Appendix C MTFS - Savings Proposals Policy and Resources Committee, item 127
PDF 53 KB
- Appendix D MTFS - Savings Proposals all Committees, item 127
PDF 66 KB
Decision:
RESOLVED:
1)
That the Committee agree to continue to plan on the basis of the
revised SRP set out at Appendix A to the report of the Head of
Finance and Resources, including the revised resource and
expenditure budgets as detailed in the report;
2)
That the allocation of funding to assist the loss of council tax
income by Parish Councils as set out in Appendix B to the report of
the Head of Finance and Resources be agreed;
3)
That the savings and efficiencies of this Committee as set out in
Appendix C to the report of the Head of Finance and Resources be
agreed;
4)
That the Committee accepts the proposed savings and efficiencies
from all service committees as set out in Appendix D to the report
of the Head of Finance and Resources; and
5)
That the Employment Committee be requested to consider a
comparative analysis of the pay policy and current levels of pay at
Maidstone Borough Council in advance of this Committee’s
meeting in February 2016 and produce a report to Policy and
Resources Committee on any financial consequences of its decision
as part of the strategic budget planning process.
Minutes:
The Committee considered the report of the Head of Finance and Resources which updated Members on the budget strategy.
It was noted that in
previous years this report followed the publication of the
provisional financial settlement figure from Central
Government. However, although imminent,
this had not been received at the time of the meeting.
Members were advised that each of the Service Committees would be receiving a report on their fees and charges in January and the results of which would be reported back to this Committee in February.
The Head of Finance and Resources advised Members of the pressures and options facing the Council in the short, medium and long term in terms of its future delivery of services.
In addressing the areas around additional pressures, Members noted that there had been a significant amount of capital resources put against Pay Policy Assessment. The Committee, whilst recognising that the Employment Committee would be receiving a report in January on this, prior to it going to Council for ratification in March, requested that the Employment Committee send a reference to this Committee detailing any financial implications as a result of their decision.
RESOLVED:
1)
That the Committee agree to continue to plan on the basis of the
revised SRP set out at Appendix A to the report of the Head of
Finance and Resources, including the revised resource and
expenditure budgets as detailed in the report;
2)
That the allocation of funding to assist the loss of council tax
income by Parish Councils as set out in Appendix B to the report of
the Head of Finance and Resources be agreed;
3)
That the savings and efficiencies of this Committee as set out in
Appendix C to the report of the Head of Finance and Resources be
agreed;
4)
That the Committee accepts the proposed savings and efficiencies
from all service committees as set out in Appendix D to the report
of the Head of Finance and Resources; and
5)
That the Employment Committee be requested to consider a
comparative analysis of the pay policy and current levels of pay at
Maidstone Borough Council in advance of this Committee’s
meeting in February 2016 and produce a report to Policy and
Resources Committee on any financial consequences of its decision
as part of the strategic budget planning process.
Voting: For:
15 Against:
0 Abstentions: 0