The report was presented to Cabinet as part of the Council’s Budget and Policy Framework that required Cabinet to initiate and propose budget proposals to set a balanced budget for the forthcoming financial year.
The purpose of the report was to recommend that Cabinet approve the first phase of budget proposals for consultation to contribute towards closing the budget gap of £19.6m. Subject to Scrutiny feedback and comments from residents, partner organisations, businesses and other interested parties, Cabinet will recommend budget proposals to Council in December 2015 to implement at the earliest opportunity.
The purpose of the report was also to outline the approach for the remaining budget process and to outline the financial challenge the council faced in setting a balanced budget for 2016/17.
Cabinet considered the report and RESOLVED to approve the phase one budget proposals as the basis for consultation.
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 16/10/2015
Decision due: 25 Nov 2015 by Cabinet
Lead member: Cabinet Member for Resources
Lead director: Executive Director Corporate Services
Department: Corporate Services
Contact: Steven Pilsworth, Service Director Financial Services Email: steven.pilsworth@peterborough.gov.uk; Tel: 01733 384564 Email: Steven.Pilsworth@peterborough.gov.uk Tel: 01733 384564.
Consultation process
Relevant internal and external stakeholders.
Relevant Scrutiny Committee: Sustainable Growth and Environment Capital
Meeting Open to Public: N/A