Decision Details

  • General
  • Reports

This section allows you to view the general details of a Decision

Details

Status:
Implemented
Title:
Section 151 Officer Update on the Financial Position of the Council – November 2024 & General Fund Medium Term Financial Plan Update
Include item on Forward Plan/ Key Decision
Yes
Item Contains Exempt/Private Reports
No
Reference:
013005/2024
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet

Report of Director of Finance and S151 Officer

 

Implementation Date (not before meeting on)
Tue 12 Nov 2024
Purpose
The Council needs to ensure that it has an up to date and robust plan for how it will manage its finances and maintain financial viability across the medium term. This report is part of the process of doing so. It provides an update to Cabinet on the latest Medium Term Financial Plan (MTFP) position.
Key Portfolio
Finance
Decision Maker
Chief Officer Decision Maker
------ N/A ------
Reason For Key Decision
Relevant Documents
Decision Type:
Committee
Decision Maker:
Cabinet
Directorate
Other Information
Private Reason
Decision Outcome

On 12 November 2024, Cabinet:-

 

  1. Noted the updates provided on the Budget Statement announced on 30th October 2024 as they relate to Birmingham City Council (Section 4, to the report);

     

  2. Noted the updates provided on the Financial Position of the General Fund for the in-year 2024/25 (Section 5, to the report);

     

  3. Noted the updates provided on the Medium-Term Financial Plan process (Section 6, to the report);

     

  4. Approved the proposed increases to fees and charges within the current financial year, to take effect on 1 January 2025, for those where Cabinet has delegation to approve (Section 7, to the report); and

     

  5. Delegated authority to the Corporate Leadership Team (CLT) to complete all preparatory work necessary to deliver the General Fund savings programme for the 2025/26 financial year. This is to include, but is not limited to, commencement of employment consultation, developing detail for the delivery of the proposed savings, and engaging with the public, stakeholders and service users. This is with the acknowledgement that the proposed savings are subject to consideration as part of the Council’s annual budget and Council Tax setting process, due to be presented to Cabinet on 11th February 2025 and City Council on 25th February 2025.

 

THIS DECISION IS NOT SUBJECT TO CALL IN 
Is Decision County Wide:
No
Would the recommended decision be contrary to the budget and policy framework:
No
Decision Options:

Additional Information

Reg 10
Reg 11

Decision Criteria

This Decision does not contain any decision criteria records.

Wards

This Decision does not contain any Ward records.

Topics

This Decision does not contain any Topic records

Overview and Scrutiny

This Decision does not contain any Overview and Scrutiny records.

This section allows you to view the reports for the Decision.

This section displays the history of the Decision.

Decision History

Date & Time CreatedUser Full NameStatus DescriptionDetails
123
 Page 1 of 3, items 1 to 10 of 24.
29/05/2024 10:36:38Nadeem AfzalBusiness Item Created 
29/05/2024 10:36:38Nadeem AfzalCommittee AddedCabinet
29/05/2024 10:38:03Nadeem AfzalContacts Edited 
14/06/2024 12:16:24Nadeem AfzalMeeting Added15/10/2024 10:00AM
14/06/2024 12:16:39Nadeem AfzalStatus ChangedDecision Proposed [2]
19/09/2024 15:28:52Errol WilsonMeeting Deleted15/10/2024 10:00AM
19/09/2024 15:28:59Errol WilsonMeeting Added12/11/2024 10:00AM
19/09/2024 15:29:27Errol WilsonGeneral Details Edited 
14/10/2024 11:28:16Errol WilsonGeneral Details Edited 
14/10/2024 13:06:00Mandeep MarwahaGeneral Details Edited 

Approval/Comments

No history found.