URL: https://council.southglos.gov.uk/ieDecisionDetails.aspx?ID=1703

Decision Maker:

Outcome:

Is Key Decision?: No

Is Callable In?: Yes

Purpose:

Content: a)    To approve the Financial Strategy at Appendix A;   b)    To note the draft revenue base budgets for the four years from 2025/26 at Appendix D, noting that work continues on key assumptions for the Updated Draft Budget and Final Budget (Appendix B);   c)    To note the council’s current projected budget deficit of £9,773k in 2026/27, £11,803k in 2027/28, £16,570k in 2028/29 and £16,570k in 2029/30 after assumed implementation and delivery of the savings programme and service level options.   d)    To note the current open approved savings programme (Appendix G and H). The council’s budget projections are based on the delivery to time and value of the current approved savings programme and changes to the programme must be met with equivalent alternatives.     e)    To note the proposed draft capital programme for 2026/27 to 2029/30.   f)     To note the council’s budgetary risk assessment at Appendix C;   g)    To note the budget consultation timetable and agree to delegate the approval of the final detailed process to the Service Director – Finance (S151 Officer) in consultation with the Budget Making Working Group including Leader and Co- Leader of Council;    

Date of Decision: October 6, 2025