Issue - decisions

Budget Projections 2012-15

29/11/2011 - Budget Projections 2012-15

A report by the Deputy Chief Executive/Director of Finance presented the projected budgets for 2012-2015 following the agreement of the budget for 2011-12 at the Council meeting held on 1 March 2011.

 

 

RESOLVED: That

 

(1)  the budget projections be regularly reviewed;

 

(2)  the Cabinet recognises that, although the projected budget gap is diminishing, considerable work is still required to set a balanced budget in March; and

 

(3)  in order to avoid any undue delays as proposals are explored, Cabinet authorises the Chief Executive, in consultation with the Leader and Deputy Leader of the Council, to undertake any appropriate consultation, in addition to the broader consultation already carried out, as required in order to allow the Council to meet the budgetary challenges it is facing.

 


07/11/2011 - Budget Projections 2012-15

A report by the Deputy Chief Executive/Director of Finance presented the projected budgets for 2012-15 following the agreement of the budget for 2011-12 at the Council meeting on 1 March 2011.

 

The report set out the background, assumptions that underpinned the projections, detail on grant negotiations, other legislative issues, balances, agreed savings and relevant risks.  The Council’s Budget Projections from 2012 to 2015 were set out in an appendix to the report.

 

The Deputy Chief Executive/Director of Finance reported that the projections represented his assumptions of the most likely outcome from a wide range of available options.

 

On a Motion proposed by Councillor S Foulkes, seconded by Councillor P Davies and carried unanimously, it was

 

RESOLVED: That

 

(1)  the budget projections be regularly reviewed;

 

(2)  the Cabinet notes, with dismay, that the projected budget gap is likely to rise by 2014/15 to nearly £47m as a result of likely changes in the Local Government Resource Review and the implications of new legislation;

 

(3)  the Cabinet recognises that these are projections based on what is known or anticipated at the moment on a pro rata basis between authorities, and could perhaps be even worse than anticipated when the direct impact on Wirral is calculated; and

 

(4)  the Cabinet expresses its grave concern that potential cuts at this level will be extremely damaging to Wirral’s services and to the people of Wirral at a time when the country’s economy is facing a slide into depression and poorer areas will once more be those which are hit the hardest.