Decision details

RESOLVED

·         To approve the 2014-15 guiding principles for the budget as detailed in Paragraph 4 of the report;

·         To approve the savings targets for the Authority as detailed in Paragraph 5.1 of the report, namely scenario 2(b) (6.3%) as referred to in Appendix 3 of the report;

·         To approve the savings directorates identify towards their respective target is over and above any previously identified efficiencies; (Paragraph 5.4 of the report refers);

·         To approve the strategy to identify the savings requirements as detailed in Paragraph 5.7 of the report;

·         To note the risks and potential changes to the Medium Term Revenue Budget Strategy and 2014-15 budget as detailed in Paragraph 6 of the report;

·         To note that the Medium Term Revenue Budget Strategy will change as new information becomes available and views are sought (Paragraph 3.13 of the report refers);

·         To note the variables within the budget build at this stage (Paragraph 4.3-4 refers).