Agenda item

This report provides the latest update on the approach to responding to the opportunities, challenges and uncertainty outlined within the review of the medium-term financial plan. The report restates the commitment to progressing collective ambitions for Stockport by delivering impactful and outcomes-focused transformational change for communities and businesses across Stockport. However, it also recognises that a resilient budget is key to this by enabling us to face and respond to the unprecedented uncertainty ahead.

This report builds on previous updates to scrutiny and cabinet and presents the cabinet’s change proposals for final consideration ahead of Budget Council in February 2022.

The Cabinet is recommended to:-

(1) Note the approach undertaken and considerations of the implications of proposals, including: engagement feedback; environmental impact assessments; and, equality impact assessments; and

(2) Consider and approve the proposals outlined in the appendices for inclusion within the Cabinet Revenue Budget. 

The Deputy Leader of the Council & Cabinet Member for Resources, Commissioning & Governance (Councillor Tom McGee) submitted a report (copies of which had been circulated) providing an update on the Medium Term Financial Strategy and the suite of savings proposals for 2022/23.

The Cabinet Member reported that following the consideration of the proposals by scrutiny committees, the Cabinet was minded to not proceed with the proposal in relation to the highways discretionary budget.

RESOLVED - (1) That the approach undertaken and considerations of the implications of proposals, including: engagement feedback; environmental impact assessments; and, equality impact assessments be noted.

(2) That approval be given to the proposals outlined in the appendices for inclusion within the Cabinet Revenue Budget subject to the exclusion of the proposal relating to the ‘highways discretionary budget’.