Addressing the financial plan

2. New initiatives

The Executive have set out new initiatives which will help grow our economy, support local communities and further reform public services. These are underpinned by a series of principles that will guide future decisions, the principles are:

  • the need for the Council to become financially self-sufficient by 2020
  • being open about what service performance standards are acceptable, resourcing accordingly and being clear about the impact
  • a focus on inclusion
  • maximising income to protect vital services
  • a new approach to joined-up local services
  • design in digital solutions and self-service wherever possible

The Executive have also set out savings for next year’s budget - to save £28millon over the next two years, £60million in the next five years.