Cost of living support

Colchester City Council is providing support for residents facing the cost of living crisis.

Budget

The Council's budget is agreed by the full Council at its meeting in February each year.

IN THIS ARTICLE

Policy framework and the budget

Summary Budget

The Local Government Act 2000 gives the full Council responsibility for approving the policy framework and the budget. Each year, the budget is sent to the February Council meeting for its approval after consideration at the Cabinet meeting in January/February.

The budget report includes the:

overall general revenue budget and funding
Council tax level - Colchester's element
medium term financial forecast (MTFF)
capital programme
prudential indicators and Treasury Management
Strategy and Annual Investment Strategy (appendix N)