Budget 2020/21: Review of Service Dashboards and Service Change Impact Assessments (SCIAS)
- Meeting of Finance & Investment Advisory Committee, Thursday, 21st November, 2019 7.00 pm (Item 27.)
Minutes:
The Chief Officer Finance & Trading presented a report which explained that this was the second stage of the budget process and ensured that all Members of the Advisory Committees had a role to play in the governance of the Council and the budget decision making process. He explained that since the current financial strategy was introduced in 2011/12, over £7 million of savings had been agreed.
To continue to have a balanced budget position and remain financially self-sufficient, a net savings requirement of £93,000 for 2020/21 was included in the budget. The Chief Officer Finance & Trading also advised Members that other pressures may come out later in the budget process such as when the Local Government Finance Settlement is announced. These may result in additional savings being required.
A growth proposal and a savings proposal were included in the report for this Committee. Members were asked for their suggestions, in order to achieve the £93,000 net saving required for the next year, which would be considered by Cabinet, before finalising the budget for 2020/21.
Members gave their individual ideas for growth and savings items and considered whether there was anything they wanted taken forward as potential growth or savings suggestions. Savings items were suggested and discussed.
Public Sector Equality Duty
Members noted that consideration had been given to impacts under the Public Sector Equality Duty.
Resolved: That it be recommended to Cabinet that
a) The growth proposal (SCIA09) and savings proposal (SCIA10) identified in Appendix D to the report, be agreed; and
b) the following options be put forward to Cabinet
Savings (reduced expenditure/increase income)
· Continued marginal gains across service areas
· Review of Treasury Management Strategy constraints
· Review of Property Investment Strategy constraints
· Advertising income opportunities including at Sevenoaks Bus Station
· Continue to review whether the District Council’s assets could be better managed by town/parish councils
Supporting documents:
- 06 - Service Dashboards and SCIAS, item 27. PDF 68 KB
- 06 - App A - Service Dashboard, item 27. PDF 50 KB
- 06 - App B - budget by service, item 27. PDF 38 KB
- 06 - App C - Old growth savings, item 27. PDF 39 KB
- 06 - App D - New growth savings NOT FINAL, item 27. PDF 40 KB
- 06 - App E - SCIAs, item 27. PDF 54 KB
- 06 - App F - Adv Ctte Previous Suggestions, item 27. PDF 25 KB
- 06 - App G - 10 year budget, item 27. PDF 51 KB
- 06 - App H - Budget Timetable, item 27. PDF 37 KB