Cabinet programme for administration 2022 2027

Finance

Mission

We will work innovatively and prudentially to deliver the Programme for Administration within available financial resources, quality and timescale constraints.

Headlines

We will:

• Work with all stakeholders to agree and then deliver an annual affordable, balanced budget as part of sustainable and responsive Medium Term Financial Plan.
• Work towards presenting “live” financial and resource information to stakeholders.
• Continually improve our business processes and productivity to deliver fit-for-purpose services at the lowest sustainable cost.
• Clearly communicate the threats and opportunities facing the Council and recommend appropriate mitigation and maximisation measures.
• Pursue ‘invest to save’ and ‘service reconfiguration’ opportunities to deliver future savings and efficiencies.
• Identify alternative income streams to help close funding gaps utilising the Council’s general power of competency.
• Recommend prioritisation options to protect statutory services and those needed by the most vulnerable in our County.
• Obtain views of as many residents as possible through the annual budget stakeholder consultation.
• Ensure the Council is fully compliant with all financial statutory obligations.