Decision details

Following consideration, The Committee unanimously resolved to:

(1)          Note the implications of the budget targets presented to Strategy & Resources Committee on 13 July 2023.

(2)          Consider how additional income or savings can be generated to address the projected Council wide funding gap of £1.1m in 2024/25, rising to £2.5m by 2027/28.

(3)          Note that owing to the Council’s projected budget deficit, any additional new revenue growth items (i.e., service enhancements resulting in increased net expenditure) supported by Policy Committees will need to be fully funded from existing budgets.

Resolved (6 for, 1 abstention, and the Chair not voting) to:

(4)          Agree that an additional cost item be added into the Committee’s budget plans for 2024/25 for £40k to cover possible additional independent noise assessment works or other activities that may be required at the Chalk Pit site in Epsom.