Issue - meetings

Report of Chief Finance Officer

Purpose of report

To provide Executive with details of the Council’s Efficiency Plan 2017/18 to 2021/22 for approval. 

Recommendations

The meeting is recommended:

 1.1        To approve the Efficiency Plan 2017/18 to 2021/22 (Appendix 1).

Resolved

(1)          That the Efficiency Plan 2017/18 to 2021/22 (annex to the Minutes as set out in the Minute Book) be approved.

(2)          That the decision be confirmed as urgent given the timescale reported for submission of the plan and it be noted that the Chairman of Overview and Scrutiny Committee had agreed to waive call in.

The Chief Finance Officer submitted a report to provide Executive with details of the Council’s Efficiency Plan 2017/18 to 2021/22 for approval. 

In introducing the report the Lead Member for Finance advised Executive that the Chairman of the Overview and Scrutiny had agreed to waive call in of this item due to the need to submit the plan to the Government by 14 October 2016.

Resolved

(1)          That the Efficiency Plan 2017/18 to 2021/22 (annex to the Minutes as set out in the Minute Book) be approved.

(2)          That the decision be confirmed as urgent given the timescale reported for submission of the plan and it be noted that the Chairman of the Overview and Scrutiny Committee had agreed to waive call in.

Reasons

The Government grant settlement in December 2016 was for four years, rather than the usual one. With this certainty over a significant variable element of funding, came a requirement to produce an efficiency plan. The efficiency plan must be provided by 14 October 2016 in order to accept the offer of the four year settlement.

Alternative options

Option 1: To not approve the report but this would mean that the Council is unable to accept the four year grant settlement.