Agenda item

Draft Revenue Budget 2025-26 and Medium Term Financial Plan (MTFP) 2025-28 Update, and Draft Capital Programme 2025-35

Minutes:

Peter Oakford, Cabinet Member for Finance, Corporate and Traded Services presented and Kevin Tilson, GET Finance Business Partner were in attendance.

 

  1. Mr Oakford introduced the Budget report, setting out the report’s pathway and updates since the Committee’s last report in November 2024. He invited the Cabinet Members to add any areas specific to the portfolios of environment and transport, and these were:

 

  1. Funding received for the Extended Producer Responsibility was being held in an earmarked reserve.
  2. Confirmation of a further year’s funding for the Bus Service Improvement Plan Funding
  3. Confirmation of the Highways Maintenance funding.

 

  1. The Committee were invited to ask questions and provide comment.

 

  1. A Member shared their frustrations about an ongoing lack of information provided to Joint Transportation Boards around which highways schemes were to be completed or not, along with what would happen to agreed schemes were local devolution to be agreed. Mr Oakford explained that the priority and delivery of individual schemes was outside the scope of the Budget item. He did note that highways projects would still be a responsibility of authorities in Kent and it was not clear what role the Mayor would play in this. Ms Chughtai offered to speak to the Member outside of the meeting.

 

RESOLVED that the administration’s draft revenue and capital budget proposals be noted.

 

Supporting documents: