Browse meetings

Budget and Financial Strategy Committee

This page lists the meetings for Budget and Financial Strategy Committee.

Meetings

Information about Budget and Financial Strategy Committee

The Budget and Financial Strategy Committee is a non-decision making committee of council which will make recommendations to Cabinet as appropriate within its terms of reference.

 

The Committee will:

·         Provide strategic overview of all matters that could significantly impact upon the finances of the authority

·         Oversee the implementation of the forthcoming and ongoing financial reform that will significantly affect the Council

·         Provide advice on the impact of business and housing growth in the district and estimate the financial impact of such growth

·         Be responsible for supporting the budget setting strategy and process for:

o   the general fund

o   capital programme

o   assets

o   treasury management

o   reserves

o   investments

o   recommending the Committee’s preferred option, for formal consideration by Cabinet, in light of the Council’s stated priorities.

·         Have a  planning horizon which will be medium term ( five years) including the medium term financial strategy

·         Will also focus on major projects facing the Council that will have a significant impact on the resources of the Council as well as the budget setting round for the forthcoming financial year.

·         Be responsible for considering how the council responds to: changes in the way the council is funded, value for money and other legislative initiatives and reforms.

·         Innovate and challenge the way the Council manages its budget and financial affairs.