Issue - meetings

To consider a joint report of the Corporate Director (Corporate and Support Services) and the Deputy Chief Executive.

The report in response to a Council Motion considered on 14 July 2022, sets out the appraisal of the Council’s financial resources in the context of the cost of living crisis, with particular reference to how a reduction in Council Tax could impact on this.

The Scrutiny Committee is asked to comment on and note the report.

Officer contact: Jonathan Davies, 0161 218 1025 or alternatively email jonathan.davies@stockport.gov.uk

The Corporate Director (Corporate and Support Services) and the Deputy Chief Executive submitted a joint report (copies of which had been circulated) in response to a Council Motion considered on 14 July 2022, setting out the appraisal of the Council’s financial resources in the context of the cost of living crisis, with particular reference to how a reduction in Council Tax could impact on this.

The Cabinet Member for Finance and Resources attended the meeting to respond to questions from the Scrutiny Committee.

Members welcomed the report, the response and actions identified.

It was noted that advanced talks and a full property review were already underway.

Clarification was sought on who the commentators were that was referred to in the report. In response it was noted that these were local government finance officers and other financial consultants with a specific focus on local government finance.

RESOLVED – That the report be noted.