Provisional Local Government Grant Settlement 2011-13
For report see Section 2 of the Draft Budget Book published on 6 January 2011
Additional documents:
Minutes:
for the report see Section 2 of the Draft Budget Book published on 6 January 2011) (Mr D Shipton from Corporate Finance was present for this item)
(1) Section 2 of the draft Budget Book for 2011/12 comments on KCC’s financial and service planning activity in the context of national and public expenditure plans. This part of the Council’s Medium Term Financial Plan also explores the context and broad assumptions within which the Budget and MTFP are framed.
(2) Mr Carter detailed the grant settlement and other reductions facing the County Council. The overall effect of these is that for 2011/12 KCC would need to find savings of some £95m and in 2012/13 some £65m. This presented a very significant challenge and the Council would have to become even more innovative and efficient in the way it delivered services. Mr Simmonds said the government grant settlement only covered a two year period and like other local authorities across the country KCC would have to make greater reductions in its budget spend for 2011/12 than had been originally anticipated because of the amount of grant reductions from government which had now been front loaded into year one of the settlement.
(3) Cabinet then discussed the grant settlement in more detail and the effects the reductions would have on specific portfolios and services. Cabinet also noted that a briefing on the settlement for all members of the Council had been arranged for Monday 17 January 2011.
(4) Cabinet noted the current position.