The Council's budget process started with consideration of the Resources Plan by full Council in September 2018. This set out the context within which the budget is set. It included an updated Medium Term Financial Plan 2018-22 covering the period 2018-22 and that considered the budgetary challenges facing the Council,The key stages of the process are:
The Executive agreed the draft revenue and capital budgets on 11 December 2018. The draft budgets are based on the existing detailed base budgets, as adjusted for proposed savings and areas of new expenditure, known as growth. The budgets also consider the level of Council Tax and how much of the balances, known as reserves, are needed to support the proposed level of expenditure.
Adrian Waite has responded to the consultation in his capacity as a resident of Eden and as Managing Director of ‘AWICS'. He concludes that the Council is being insufficiently ambitious in this budget and that there may be an opportunity to improve financial management. He suggests that the Council consider:
Penrith Town Hall, the headquarters of Eden District Council.