Issue - meetings

The Interim Director of Finance and ICT introduced a report, which had been circulated in advance of the meeting, presenting the results of budget consultation exercises designed to assist Members in the formulation of budgetary proposals for 2023-24.

The following additional information not contained within the report was reported to the meeting.

·        There is one consultation which is statutory and therefore has to be undertaken, this is with the business ratepayers and a response from the East Midlands Chamber has suggested several things. 

·        The first was to highlight concerns for businesses of the business rate calculations stating that the current method is no longer fit for purpose. They then went on to state concerns of business failures as inflation pressures continued.

·        In terms of the proposed Council Tax increase, whilst understood, they considered that it would put additional pressure on households at a time when many are already struggling. 

·        Finally, they noted the importance of the capital programme projects as being essential to improving productivity across Derbyshire.

On the motion of Councillor S Spencer, duly seconded, it was:

RESOLVED

To note the views of the consultation respondents regarding the Revenue Budget for 2023-24.