Decision details

The Executive Meeting considered an updated forecast for the Council’s finances for the period 2013/14 to 2016/17 that had been revised since the report considered on 7 January 2013 following the announcement of the 2013/14 final local government finance settlement and 2014/15 revised provisional settlement on 4 February 2013.

The Executive Meeting then agreed that

·           the details of the 2013/14 final local government finance settlement and 2014/15 provisional settlement, in particular, the authority’s Start-Up Funding Allocation and Business Rates Baseline figures be noted;

·           the financial forecasts for 2013/14 to 2016/17, and the key issues to be addressed in formulating a response to the financial challenges facing the Council be noted;

·           the indicative budget adjustments as set out at paragraph 6.3 be approved;

·           proposals to either allocate or earmark previously unknown / uncommitted resources be brought forward in relation to:

·         NHS funding to support social care and benefit health;

·         Public Health Grant;

·         New Homes Bonus; and

·           the indicative cumulative savings requirement for 2013/14 of £4.716m and £14.598m for 2014/15 and the ‘post CSR’ forecasts to 2016/17 be noted.

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