Issue - meetings

Cabinet Member: Finance

Forward Plan Ref: 2023/316

Contact: Kathy Wilcox,

Kathy.wilcox@oxfordshire.gov.uk

Report by  Director of Finance

The Cabinet is RECOMMENDED to:

a)  endorse the report and note the directorate pressures that will need to be considered as part of the Budget & Business Planning Process.

b)  endorse the approach to savings that will be developed further through the Budget & Business Planning Process.

Recommendations approved.

Cabinet had before it a report setting out the current pressures affecting the Council’s directorates which would need to be considered as part of the Budget and Business Planning process for 2024/25 and the approach to required budget savings.  Cabinet referred, in particular, to the measures being taken to address the current overspend in budgets within Children’s Services.

Detailed revenue savings and capital proposals would be considered by the Performance and Corporate Services Overview and Scrutiny Committee on 8 December 2023 along with any updates on funding following the Government’s Autumn Statement.

Updates to funding and any changes to proposals known by the end of December 2023 would be published on 11 January 2024 and considered by Performance and Corporate Services Overview and Scrutiny Committee on 19 January 2024.  Comments from scrutiny as well as feedback from the public engagement and consultation exercise would be considered by Cabinet ahead of proposing their budget on 30 January 2024.

Councillor Dan Levy, Cabinet Member for Finance, presented the report.

During discussion, members referred to the current pressures on specific budgets including Home to School transport and the need to identify savings to compensate for these.

Councillor Levy moved and Councillor Ley seconded the recommendations and they were approved.

RESOLVED to endorse:-

a)     the report and note the directorate pressures that will need to be considered as part of the Budget & Business Planning Process.

b)    the approach to savings that will be developed further through the Budget & Business Planning Process