Decision details

Medium Term Financial Plan - Financial Landscape and Forecasts 2013/14 to 2016/17 (Update following the Final Local Government Finance Settlement) (Non-Key)

Decision Maker: Executive

Decision status: Recommendations approved

Is Key decision?: No

Is subject to call in?: No


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.

Alternative options considered:


Interests and Nature of Interests Declared:


Wards Affected: (All Wards);

Decision Reference: ED1484

Contact: Steve Houston, Corporate Director for Corporate and Support Services Email: Tel: 0161-474-4000, Andy Moran, Corporate and Support Services Email: Tel: 0161 474 4086.

Urgent item?: Yes

Report author: Steve Houston

Publication date: 19/02/2013

Date of decision: 18/02/2013

Decided at meeting: 18/02/2013 - Executive

Accompanying Documents: