Decision status: Recommendations approved
Is Key decision?: No
Is subject to call in?: No
The Finance Manager (Strategic Finance) introduced the report and provided an update on the key elements of the report, the current budget setting options and considerations for the four year medium term period from 2022/23 to 2025/26. It was noted that this planning would enable the Forum to recommend a budget precept for 2022/23 to Cabinet early next year. In addition, he stated that the Winchester Town Forum Accounts Informal Group had met during October to consider options and priorities for the budget process and their continued feedback, together with the comments of the Forum would be incorporated in the final paper for consideration by the Forum at its next meeting on 27 January 2022, prior to its approval by Cabinet in February 2022.
The Finance Manager (Strategic Finance) responded to detailed questions from Members in relation to growth bid proposals, increases to fees and precept proposals, future costs and scope within the town budget and level of reserves, the demographic of Community Infrastructure Levy (CIL) receipts and distribution, resource implications and options for additional project funding.
During debate, Members raised concerns in relation to CIL funding and how this was being invested to ensure a benefit to all across the whole of the town and to the current level of the town precept. Reference was made to the need for consideration to be given to how the Forum could make adjustments to continually deliver an improved quality of service going forward.
1. That the report be received; and
2. That the comments of the Forum be noted and reported back to Cabinet in relation to the wider budget consultation.
Report author: Darren Kennedy
Publication date: 10/12/2021
Date of decision: 10/11/2021
Decided at meeting: 10/11/2021 - Winchester Town Forum