Budget Consultation 2019-20

By early March each year the council is required by law to approve its budget and council tax levels for the forthcoming financial year. The Full Council will meet on the 20 February 2019 to do this.

The budget setting process commences in October when the Medium Term Financial Strategy (MTFS) is considered.  This provides an insight into the financial forecasts over the medium term (currently to 2022/23).  The MTFS in October identified a forecast deficit of £721,000 for 2019/20, and a cumulative forecast deficit of £4.362m by 2022/23. 

Following the MTFS the focus of work shifts to the coming financial year with the Budget Strategy, which outlines the councils proposals for the forthcoming financial year, including growth & savings proposals, as well as the review of Fees & Charges.

The Budget Strategy identified decisions that reduced the forecast deficit for 2019/20 from £721,000 to £292,000. 

Following the agreement of the Budget Strategy a detailed draft budget is developed for the coming financial year which can be viewed here:-

pdf icon Budget Paper 2019-20 [247kb]

pdf icon Appendix 1 to Budget Report 2019-20 [1Mb]

This exercise reduced the projected deficit position to £208,000.

We would now like to hear your views on the specific budget proposals made (contained within both the detailed draft budget and the Budget Strategy) as well as feedback on the general spending and income generation priorities for 2019/20.

Please email your feedback to charlotte.spendley@folkestone-hythe.gov.uk