Agenda item

Money Plan 2021-26 and Budget Proposals 2021/22

To consider the report of the Leader of the Council and Cabinet Member for Performance and Resources seeking Members to review the Council’s Draft Money Plan for recommendation to Council.

Decision:

RECOMMENDED to Council that:

 

(1)       the proposals for the 2020/21 budget included in the report be approved

 

(2)       it be noted that consultation has been undertaken on budget proposals.

 

Minutes:

Cabinet considered the report of the Leader of the Council and the Cabinet Member for Performance and Resources that sought Members to review the Council’s Draft Money Plan for recommendation to Council.

 

The Leader of the Council summarised the plan and placed it in the context of the challenges and uncertainty of COVID-19 and central government spending.  He commented that it looked to place the Council in a strong position to support the recovery in the city and thanked the Head of Policy and Resources and his team for their work towards it.  The Cabinet Member for Performance and Resources advised Members that the proposed budget and money plan were devised with best assumptions and prudent principles.  She noted that although COVID-19 pressures had necessitated savings to be sought in the 2021-22 and 2022-23 cycles nonetheless Gloucester remained in a better position than other second tier authorities.  The Cabinet Member for Performance and Resources further advised that the impact of the pandemic on Council Tax and Business Rates returns may have to be managed over the lifetime of the plan.  She drew Members’ attention to the budget consultation (Appendix 7) and the priorities identified by the respondents. 

 

 

RECOMMENDED to Council that:

 

(1)       the proposals for the 2020/21 budget included in the report be approved

 

(2)       it be noted that consultation has been undertaken on budget proposals.

 

Supporting documents: