Agenda and minutes

DECISION MADE: (CAB 22/23 35710)

On consideration of the report of the Cabinet Member for Finance and Change, Cabinet agreed the following:

RESOLVED:

General Fund

(i)  To note the update within this report and the work being undertaken to achieve a balanced budget for 2023/24.

(ii)  To note the initial draft savings proposals being consulted upon set out in appendix 1.

(iii)  To note that even with the proposals contained in this report, a budget shortfall of £28.90M is still currently forecast for 2023/24 and notes the options available to produce a balanced budget.

Housing Revenue Account

(iv)  To note the update within this report and the work being undertaken to achieve a viable 40-year business plan.

(v)  To note the initial HRA draft savings proposals being consulted upon set out in appendix 2.

(vi)  To note the proposed increases to Landlord Controlled Heating charges being consulted on as set out in paragraph 47.