Decision Maker: Portfolio Holder for Renewal, Recreation and Housing
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: Yes
That the projected net overspend of £762k on controllable expenditure based on information as at September 2022 be noted.
One of the ambitions of “Making Bromley Even Better” is to manage the Local Authority’s resources well, providing value for money and efficient and effective services for Bromley’s residents. To meet this ambition, a relentless focus is required on efficiency, outcomes of services and prudent management of the Local Authority’s finances, particularly as the “2022/23 Council Tax” report highlights the financial pressures facing the Council. It remains imperative that strict budgetary control continues to be exercised to minimise the risk of compounding financial pressures in future years, with Chief Officers and Departmental Heads of Finance continuing to place emphasis on the need for strict compliance with the Council’s budgetary control and monitoring arrangements.
Publication date: 17/11/2022
Date of decision: 17/11/2022
Effective from: 25/11/2022