Agenda item

The Board considered a report of the Assistant Chief Executive that provided an update on the progress made at the end of September 2013 on the delivery of the 2013/14 to 2016/17 Medium Term Financial Plan (MTFP3) (for copy see file of minutes).

The Head of Policy and Communications reported that the MTFP3 agreed by Council in February 2013 takes the overall savings target for the period from 2011/12 to 2016/17 to over £188m, however at Cabinet on 9 October 2013, Members were advised that the latest forecast had increased the total savings required for the period from 2011 to 2017 to £222m, based on the impact of the 2015/16 Spending Round and the 2014/15 and 2015/16 Local Government Finance Settlement Consultation.

The Council continues to deliver well against the savings target for the current year of £20.87m of which £17.17m had been achieved by the 30 September 2013 which represents 82% of the 2013/14 target.

The Chairman requested the figures for temporary staff employed by the Council. He commented that the Council have a duty of care to those affected by the MTFP and felt that opportunities to retrain should be given to employees through the Council’s redeployment process. The Head of Policy and Communications would forward comments to the Head of Human Resources and Organisational Development.

Resolved:

That the content of the report and the progress being made in delivering the £20.87m of savings for 2013/14 where 82% of the savings have been delivered by 30 September 2013 be noted.