Presentation is loading. Please wait.

Presentation is loading. Please wait.

Finance and Budget Strategic Scrutiny Select Committee 12 June 2013 Examination of Process for Future Budgets Neil Thornton Chief Financial Officer.

Similar presentations


Presentation on theme: "Finance and Budget Strategic Scrutiny Select Committee 12 June 2013 Examination of Process for Future Budgets Neil Thornton Chief Financial Officer."— Presentation transcript:

1 Finance and Budget Strategic Scrutiny Select Committee 12 June 2013 Examination of Process for Future Budgets Neil Thornton Chief Financial Officer

2 DEMOGRAPHIC CHANGE Population Age Profile Inward Migration RESOURCES Salford City Council c£64m (last 2 years) But....£60m for 2014/17 and maybe more to come NATIONAL PICTURE More Government not less More delegation (problems) transferred to local government Public spending reducing Issues

3 DEMOGRAPHIC CHANGE Ordsall % Ordsall % Single Households 2001 – 35% 2011 – 43% Single Households 2001 – 35% 2011 – 43% 2020 – (+14%) 2035 – (+30%) 2020 – (+14%) 2035 – (+30%) Age Groups (2020) Children % Working Age + 15% Pensionable age +5.1% Age Groups (2020) Children % Working Age + 15% Pensionable age +5.1% DCLG use figures to allocate funds New ONS methodology Net in-migration DCLG use figures to allocate funds New ONS methodology Net in-migration Population Age profile Inward migration

4 Remember what LGA has said £15 bn

5 Remember what LGA has said

6 Our Budget strategy 2014/15 to 2016/17 A different approach but based upon lessons learned What does a 3 year perspective look like across services in terms of say £60M? Absolute alignment with City Plan priorities: –Local Economic Growth and international inward investment –Protecting vulnerable families –Delivering quality services Further stark choices facing the Council in this financial context An examination of the future likely service demands upon the Council Not a service group led approach, but thematic and zero based approach (where possible)

7 Our Budget strategy 2014/15 to 2016/17 A different approach but based upon lessons learned Not a service group led approach, but thematic and zero based approach (where possible) Further examination of our statutory/discretionary spend, the choices that need to be made about minimum statutory levels of service provision? As part of this approach, review previously considered rejected proposals How does the organisation need to change to reflect the scale of the challenge? What should our City wide regeneration and investment strategy look like? Commitment to develop a clear income generation strategy Improving our engagement with resident’s, business and key stakeholders

8 Our Budget strategy 2014/15 to 2016/17 A different approach but based upon lessons learned Clear end of quarter one perspective on: –Emerging thematic budget proposals, their impacts, political direction –Future financial, service demands moving forward –Emerging regeneration and development strategy which will be at the heart of the future capital programme


Download ppt "Finance and Budget Strategic Scrutiny Select Committee 12 June 2013 Examination of Process for Future Budgets Neil Thornton Chief Financial Officer."

Similar presentations


Ads by Google