Revenue and Capital Budget 2023/2024
To approve the Council’s Revenue Budget
and Capital Plan Budget for 2023/2024 including the setting of fees
and charges for Council services and Capital Strategy.
There are currently a number of unknown elements in respect of
Government’s financial settlement including the implications
of the Autumn Budget expected in mid November 2022. Therefore, the
Council will prepare its budget following the Government’s
local government finance settlement announced in December 2022. The
Cabinet will launch its draft budget for five weeks consultation at
its Cabinet meeting on 10 January 2023, with the final
recommendations being considered by Cabinet in February 2023 and
considered by Council in March 2023. As the budget proposals will
be later for 2023/24 and not be submitted before 8 February 2023,
Standing Orders F2.7 to 2.11 will not apply (whereby the Council
provides any objections to the Cabinet to review before determining
the budget).
Decision type: Key
Reason Key: Revenue Budget variation +£250,000;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 11/11/2022
Decision due: 10 Jan 2023 by Cabinet
Decision due: 23 Feb 2023 by Cabinet
Decision due: 7 Mar 2023 by Council
Lead member: Deputy Leader of the Council and Cabinet Member for Finance
Lead director: Director of Finance
Contact: Lisa Antrobus, Governance Support Officer Email: lisa.antrobus@torbay.gov.uk Tel: 01803 207064.
Consultation process
Reports in relation to the final Revenue
Budget will be circulated to the Council’s key stakeholders
(in accordance with statute).
The Cabinet will set out draft budget savings proposals for
consultation.
The Leader of the Council will request Cabinet Members and officers
to outline the implications for the budget savings proposals. The
Overview and Scrutiny Board and stakeholders will respond to these
proposals. The Cabinet will consider these comments before
proposing a final budget (including proposals for service change,
income generation and efficiencies) which will form part of the
Revenue Budget which will be presented to Council in March
2023.
Consultees
Overview and Scrutiny Board, Council and key
stakeholders.
If you want to make representations contact:: Martin Phillips, Director of Finance, Torbay Council, Town Hall, Castle Circus, Torquay, TQ1 3DR, telephone (01803) 207285, email martin.phillips@torbay.gov.uk
Decisions
- 11/01/2023 - Revenue and Capital Budget 2023/2024
- 28/02/2023 - Revenue and Capital Budget 2023/2024
Contact Governance Support
- Email: governance.support@torbay.gov.uk
- Tel: 01803 207087
- Fax: 01803 207112
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