Issue - meetings

Budget Strategy - Risk Assessment Update

Meeting: 18/09/2017 - Audit, Governance and Standards Committee (Item 39)

39 Budget Strategy - Risk Assessment Update PDF 68 KB

View item 39 as HTML 79 KB

Additional documents:

Appendix A. Budget Strategy - Risk Assessment Update, item 39 PDF 183 KB View as HTML (39/2) 81 KB

Minutes:

The Committee considered the report of the Director of Finance and Business Improvement updating the risk assessment of the Budget Strategy.

It was noted that:

· The performance so far this year was broadly in line with budget, although there would be a potential overspend in both temporary accommodation and planning appeals. At this stage in the financial year there was still scope for covering these overspends by reducing expenditure elsewhere.

· The position of Local Government funding after 2019/20 remained unclear, but it was encouraging to see that pilot schemes for 100% business rates retention were proceeding.

In response to a question from the Committee, it was explained that Officers would continue to monitor any changes central government made to lifting the public sector pay cap.

RESOLVED: That the updated risk assessment of the Budget Strategy, at Appendix A, be noted.