Medium Term Financial Planning

 2020/21 -2022/23

Timetable (including consultation & engagement process)

 

Meeting Date

Event / Session

Purpose

 

July 2019

Budget Update to CMT and Executive Board

-          Provide latest forecasted position

-          Confirm/update departmental targets

-          Agree initial Budget Outlook and Plan

 

 

August – September 2019

Departments to review Current Budget Efficiency / Cost Reduction Proposals

Departmental Service Director to challenge/draw up cost reduction proposals in conjunction with:

-          Executive Board portfolio member

 

 

 

September 2019

 

CMT

Prelim EB

-          Update on budget

-          Review/consideration of initial savings proposals

 

November 2019

Executive Board

 

Budget Strategy report with proposals for consultation

 

November - December 2019

Member Seminars

Departmental Budget Seminars

 

 

November 2019 – January 2020

Public Consultation / Commercial Rate Payers Consultation

Outline the Council’s spending plans – communication through Carms News, online survey/development of app, public meetings (all TBC)

 

December 2019

Welsh Government (WG)

PROVISIONAL SETTLEMENT

 

December 2019 – January 2020

Scrutiny Committees (Budget)

Scrutiny Budget consultation

 

 

January - February 2020

 

Executive Board

Update on Budget, Feedback on Consultation, consider final Budget proposals

 

February 2020

Full Council

 

Final decision on budget and Approval of Budget Strategy

 

February – March 2020

Public communication of decisions

Public awareness of final budget decisions

 

March 2020

WG

FINAL SETTLEMENT

 

March 2020

Full Council

Council Tax Setting report and final decision on budget