Issue - meetings

Update on Budget Savings and Income Delivery

Meeting: 18/11/2013 - Resources Policy Development and Scrutiny Panel (Item 50)

50 Update on Budget Savings and Income Delivery pdf icon PDF 89 KB

There will be a presentation on ‘Budget Savings and Income Delivery’. Slides are attached.

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Minutes:

Tim Richens, Divisional Director – Business Support, gave a presentation to the Panel on ‘Budget Savings and Income Delivery Update’ (a copy of the presentation is on the minute book for the Panel and also on the Council website). The presentation covered the following:

 

·  Background

·  Delivery and Monitoring

·  Savings and Income Update (1-4)

·  Years 2 and 3 Items

 

The Panel raised the following points and asked the following questions:

 

Councillor Gerrish asked about the potential implications of a faster rise in interest rates than expected. The officer explained that all treasury advisors are projecting flat interest rates for the next three years.

 

Councillor Gerrish asked why members travel expenses had not been adjusted. The Strategic Director stated that this would be harmonised.

 

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