Cvsf budget presentation (january 2011) mark ireland


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Cvsf budget presentation (january 2011) mark ireland

  1. 1. Brighton & Hove City Council Budget Presentation Mark Ireland Head of Strategic Finance & Procurement
  2. 2. Brighton & Hove City Council – Gross Expenditure <ul><li>Main spending areas: </li></ul><ul><li>Housing Benefit & Council Tax Benefit (HB & CTB) is subject to major changes including transfer of responsibility for CTB to Local Authorities in 2013/14 with 10% cut. </li></ul><ul><li>Schools funding protected over 4 years of spending review with a 0.1% growth in real terms funding nationally. </li></ul><ul><li>Consultation on a national funding formula for schools. </li></ul><ul><li>Housing finance under major review. </li></ul>
  3. 3. General Fund Gross Expenditure in 2010/11
  4. 4. Brighton & Hove City Council – General Fund <ul><li>2010/11 General Fund budget of just over £400m funded 30% by council tax, 40% by government grants and 30% by fees & charges. </li></ul><ul><li>Some specific grants will be rolled into formula grant, a few will continue and others will be cut. </li></ul><ul><li>Very few grants in future will be ring-fenced </li></ul>
  5. 5. Formula grant from central government <ul><li>National funding reduction confirmed in Spending Review and Settlement </li></ul><ul><li>Formula grant £112m in 2011/12 </li></ul><ul><li>Greatest reduction of £17.3m is in first year </li></ul><ul><li>Major review of Local Government Finance starts in January 2011 for implementation in 2013/14 </li></ul><ul><li>Figures for 2013/14 and 2014/15 are provisional forecasts </li></ul>
  6. 6. Brighton & Hove City Council Budget Setting Process <ul><li>Apr / Jun Final accounts for previous year finalised </li></ul><ul><li>July report on final spend for last year, revised forecasts for current year and following 3 years, set savings targets for services for following year, show indicative savings needed to balance budget </li></ul><ul><li>July / Nov services work on savings proposals in consultation with Cabinet </li></ul><ul><li>Oct / Nov Budget Consultation – Public Survey </li></ul><ul><li>Nov / Dec Provisional Grant Settlement </li></ul><ul><li>Dec Savings package reported to Cabinet </li></ul><ul><li>Dec / Feb Savings reviewed by Scrutiny Panels </li></ul><ul><li>Feb Cabinet propose overall budget and council tax </li></ul><ul><li>Feb / Mar Full Council consider budget and set council tax </li></ul>
  7. 7. 2011/12 Revenue Budget <ul><li>Main pressures on spending: - Children’s social care more clients with greater complexity of need £2.9m - Adult social care transitions and people living longer £2.1m - Grants ending </li></ul><ul><li>Budget savings package of £12.3m considered at Cabinet on 9 December </li></ul><ul><li>Scrutiny panels meet Dec / Jan to consider </li></ul><ul><li>Provisional Settlement means approximately £30m savings now needed </li></ul><ul><li>Working on further savings package for February </li></ul><ul><li>Council tax freeze </li></ul>
  8. 8. Key dates in 2010/11 <ul><li>Announcement of in-year savings 17 th May 2010 </li></ul><ul><li>Emergency National Budget 22 nd June 2010 </li></ul><ul><li>Comprehensive Spending Review 20 th Oct 2010 </li></ul><ul><li>Local government finance settlement 13 th Dec 2010 </li></ul><ul><li>Budget Cabinet meeting 17 th Feb 2011 </li></ul><ul><li>Budget Council 3 rd Mar 2011 </li></ul><ul><li>Council Tax 2011/12 must be set by 11 th Mar 2011 </li></ul><ul><li>Brighton & Hove Local elections 5 th May 2011 </li></ul>