REPORT TO RESOURCES COMMITTEE

DATE: 13th November 2006

JOINT REPORT OF THE CHIEF FIRE OFFICER AND THE TREASURER ON THE BUDGET REQUIREMENT FOR THE FINANCIAL YEAR 2007/2008

Summary

The provisional or indicative budget is designed to provide the resources to allow progress to be made by the Authority in meeting its declared objectives, particularly the objectives within the Risk Reduction Plan agreed by the Authority. The indicative percentage increase for 2007/2008 is 4.21% on a like for like basis, however after new pensions funding adjustments, there is a year on year decrease of 1.3%

Joint Report of the Chief Fire Officer and the Treasurer on the Budget Requirement for the Financial Year 2007/2008 (PDF, 70kb)

Implications

OPERATIONAL RISK None
COMMUNITY RISK None
TRAINING None
H.R None
FINANCE see SUMMARY
EQUALITY & DIVERSITY None
HEALTH & SAFETY None
LEGAL The Authority is obliged, in accordance with the requirements of the Combination Scheme Order, to consult the constituent Unitary Authorities by the 31st December annually on the budget requirement for the following financial year before determining the final budget by 15th February prior to the relevant financial year.

Recommendations

The following are recommended for approval :-

  1. That the net budget requirement at £41,339,559 (- 1.3%) for 2007/08 be approved (Appendix A) as a basis for consultation with the Constituent Authorities in line with the assumptions within this report.
  2. That the Capital Programme attached at Appendix B be approved as a basis for consultation with the Constituent Authorities, leading to the capital financing charges shown as additional in Appendix A.
  3. That members note the intention to continue to replace and upgrade vehicles in line with the programme agreed last year.

Background Papers Used in Preparation of this Report

2006/2007 Approved Revenue Budget
Pay settlements
MAWWFRA Risk Reduction Plan 2007-10

Report Author and Designation

Chief Fire Officer and Treasurer

Telephone number/Extension

4401 and 4463

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