Issue - meetings

To note the budget strategy issues for the three-year planning period and indicate what form the budget scrutiny process should take.

The Committee received the Financial Planning strategy report, which had been approved by Cabinet, and noted that more detailed assumptions could be made after the government’s comprehensive spending review in October 2010.

In response to concerns expressed by the Committee about the difference in inflation figures for 2011/12 (£1 million), 2012/13 (£1 million) and 2013/14 (£10 million) it was reported that the figures for the first two years (2011/12 and 2012/13) were incremental increases on funds already committed as part of the existing financial plan (page 61 of the agenda pack).   The inflation figures for 2013/14 were much higher as the full inflation and pay allowance needed to be built into the base budget for the new financial planning period.

RESOLVED that the report be noted.