Issue - meetings

Report FSD21007

The Committee considered a report setting out the draft Renewal, Recreation and Housing Portfolio Budget for 2021/22, which incorporated future cost pressures, planned mitigation measures and savings from transformation and other budget options reported to Executive on 13 January 2021. Members were requested to consider the proposed initial draft budget being proposed and also identify any further action that might be taken to reduce cost pressures facing the Council over the next four years.

This Committee were requested to consider the proposed initial draft budget savings and cost pressures for their Portfolio. Members’ views would be reported back to the next meeting of the Executive, prior to the Executive making recommendations to Council on 2021/22 Council Tax levels.

The Head of Finance reported the growth items, mitigation and transformation savings had been through several rounds of scrutiny and he was confident that the savings could be achieved, although some of the housing savings were dependent on future schemes being agreed.

In regard to Anerley Car Park and Bushell Way, the Chairman was informed that construction within the factories had already begun and were well under way. Builders and contractors were set up ready to commence in March 2021.

RESOLVED that:-

1)  the update on the financial forecast for 2021/22 to 2024/25 be noted;

2)  the initial draft Renewal, Recreation and Housing Portfolio budget 2021/22 budget as a basis for setting the 2021/22 budget be noted; and

3)  Members’ comments on the initial draft 2021/22 budget be provided to the meeting of the Executive to be held in February 2021.