1.         To receive an overview and introduction on the Cabinet’s Draft Budget proposals which were launched for public consultation on 9 January 2024.

2.         To review the income assumptions used (including Fees and Charges).

3.         To review the budget pressures and additions to the 24/25 budget (note there will be full discussion on the Place based investments at the meeting on 24 January 2024 together with the Capital Investment Programme).

4.         To have regard to the Medium Term Resource Plan.

Documents Provided (Note: all budget documents have been attached to the agenda for this meeting which will be discussed on 23 and 24 January 2024):

Ø  Revenue Report:

-          Budget Overview

-          Chief Finance Officer Statement

-          Fees and Charges

-          Financial Reserves policy

-          Service changes and savings plans

-          Equality Impact Assessments

Ø  Capital Report:

-          Capital Strategy

-          Treasury Management Strategy

-          Capital Investment Programme

(Note:  The Leader of the Council, Director of Children’s Services, Cabinet Member for Children’s Services, Director of Adults and Community Services, Cabinet Member for Adult and Community Services, Public Health and Inequalities, Director of Place, Cabinet Member for Pride in Place, Culture & Events and Parking, Cabinet Member for Place Development and Economic Growth, Director of Finance, Cabinet Member for Finance and Corporate Services and the Director of Corporate Services have been invited to the meeting for this item.)

To launch the consultation on the Cabinet’s draft budget proposals for the Revenue and Capital Budgets for 2024/2025, incorporating:

Ø  Revenue Report:

-          Budget Overview

-          Chief Finance Officer Statement

-          Fees and Charges

-          Financial Reserves policy

-          Service changes and savings plans

-          Equality Impact Assessments

Ø  Capital Report:

-          Capital Strategy

-          Treasury Management Strategy

-          Capital Investment Programme