Issue details

Robustness of the 2025/26 Budget Estimates and the Adequacy of Reserves – Local Government Act 2003 - Section 25

 

 

To comply with statute, the Chief Financial Officer is required to report to Council prior to the approval of the budget and the setting of the Council Tax, to give assurance that the budget is robust and that there are adequate reserves and balances. The report is based on the proposals presented in the main budget report

Decision type: Key

Reason Key: Both Financial and Community Impact;

Decision status: For Determination

Wards affected: (All Wards);

Notice of proposed decision first published: 23/12/2024

Financial: Yes;

Community Impact: Yes;

Decision due: 13 Feb 2025 by Cabinet

Decision due: 27 Feb 2025 by Council

Lead member: Cabinet Member - Corporate Services

Lead director: Executive Director – Corporate Services and Commercial

Department: Regulatory, Compliance and Corporate Services

Contact: Paul Reilly Email: paul.reilly@sefton.gov.uk Tel: 0151 934 4106.

Consultation process

Individual budget saving options / amendments to the budget will be subject to consultation – internal and external to the Council (as appropriate).

Consultees

Cabinet, Chief Executive, Strategic Leadership Board, Trade Unions, Staff and relevant organisations as appropriate

Agenda items

List of background documents to be considered by decision maker

  • Robustness of the 2025/26 Budget Estimates and the Adequacy of Reserves – Local Government Act 2003 - Section 25