Issue - meetings

Presentation on the Budget Process, recommended Capital Programme and Draft Base Budget for 20??/?? - 20??/??

Meeting: 19/01/2010 - Joint Overview and Scrutiny Board (Item 16)

16 Medium Term Financial Plan 2010/11-2012/13 PDF 111 KB

Additional documents:

Minutes:

Members considered a report by the Head of Financial Services which provided information to enable them to review the current position on the Medium Term Financial Plan for 2010/11 to 2012/13. The Head of Financial Services introduced the report and presented the key points to the Board including the key assumptions that had been made.

The Head of Financial Services outlined the key unavoidable pressures on the budget for 2010/11-2012/13, together with the key bids and the key savings. Members’ attention was also drawn to the Capital Programme for 2010/11-2012/13.

Members asked where the costs of demolition of the Market Hall were in the Medium Term Financial Plan and were informed that these costs were being met out of financial balances.

In response to a query as to whether additional advertising revenue could be raised though advertising in the Older Peoples Directory, the Head of Financial Services advised that it was difficult to gauge how much revenue could feasibly be raised through this in the current economic climate.

The Chairman thanked the Head of Financial Services for her presentation.

RESOLVED that the contents of the report and presentation be noted.