Council approved the Revenue Budget for 2014/15 on 28 February. This was based upon Government grant levels assumed at that time. The Government has since indicated changes to funding levels for 2014/15 and the December report will highlight the potential impact on the Council. Final figures are unlikely to be announced until late December, it is anticipated that this will be reported to Cabinet in January.
The December report will also highlight the potential financial position for the Council in 2015/16 and 2016/17. This will be prepared based on initial Government indications of grant funding changes for these years and potential service pressures. Any variations to this position will be reported to the January Cabinet meeting
Decision type: Key
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 31/10/2013
Financial: Yes;
Community Impact: No;
Decision due: 27 Feb 2014 by Cabinet
Lead member: Leader of the Council
Lead director: Director of Corporate Services
Department: Regulatory, Compliance and Corporate Services
Contact: Jeff Kenah Email: jeff.kenah@sefton.gov.uk Tel: 0151 934 4104.
Consultation process
Meetings
Consultees
Chief Executive
Strategic Leadership Team
Exempt Report?: No