On 25 July 2023, Cabinet:-
(i) Noted the MTFP budget pressures
(inflation, savings, directorate pressures, Collection Fund update), as well as
the Quarter One 2023/24 position (which provides a high-level assessment of a
budget gap for this financial year) (Section 5 of the report);
(ii) Noted the wider financial position of the
Council, in terms of capital expenditure and available corporate resources,
which demonstrate that the additional Equal Pay liability, alongside MTFP
budget pressures, cannot be found within existing BCC resources (Section 5 of
the report);
(iii) Noted the work carried out to date to
assess the potential scale of additional Equal Pay liabilities (Section 4 of
the report);
(iv) Endorsed the mandatory spending controls
which came into effect from 5 July 2023 (Section 6 of the report);
(v) Endorsed the robust Budget Savings &
Recovery Plan – to close the forecast budget gaps in the current financial year
and future financial years– as per the timetable included in the report (Section
6);
(vi) Agreed the 2024/25 budget-setting
timetable, including the dates for the implementation of the recommendations in
the report (Section 7).
THE DEADLINE FOR CALL IN IS 1600
HOURS ON MONDAY 31 JULY 2023.