Issue details

Update on budget forecast for 2022/23 onwards and savings plans

1. This report is submitted for consideration as part of good practice in

establishing draft budget proposals in advance of the financial year.

2. The production of a financial forecast and an outline timetable are a

requirement of the Council’s Budget and Policy Framework Procedure Rules.

3. In addition, it is standard practice for Overview and Scrutiny Management

Committee to consider the proposals and provide feedback to the Cabinet.

Recommendations in this report have therefore been put forward to allow this

process to formally begin

Decision type: Key

Reason Key: Affects more than 1 ward or a significant community;

Decision status: Recommendations Approved

Notice of proposed decision first published: 09/11/2021

Decision due: 20 Dec 2021 by Cabinet

Lead member: Cabinet Member for Finance and Capital Assets

Lead director: Executive Director Finance and Commercialism

Department: Finance and Capital Assets

Contact: Steve Harrison (Finance) Email: steve.harrison@southampton.gov.uk.

Consultation process

Circulation of the draft report to relevant Cabinet Members and officers

Consultees

Relevant Cabinet Members and officers