On 19th December 2022 the Secretary of State for Levelling up, Housing and Communities released details of the provisional local government finance settlement for 2023/24.
I would therefore like to request:
1. The change to your Core Spending Power (CSP) for 2023/4 over 2022/3 as a result of the local government finance settlement.
9.8% increase
2. The impact of inflation on the council’s 2022/3 budget, as measured against the original 2022/3 budget.
Please see our annual budget books on the Devon County Council webpage link below. Inflation on revenue budgets is analysed within service budget pages. In the 2023/24 budget book these are on pages 37 to 85. In the 2022/23 budget book these are on pages 40 to 87.
Budgets and expenditure | Devon County Council
3. The estimated impact of inflation on the council’s budget for 2023/24
Please see our annual budget books on the Devon County Council webpage. Inflation on revenue budgets is analysed within service budget pages. In the 2023/24 budget book these are on pages 37 to 85. There is also commentary on inflation in the overview section of the budget book (pages 5 to 8) and a section on inflation at page 91.
4. How much you had originally forecast the inflationary increase in costs to be for a) 2022-3 and b) 2023-4 in percentage and actual terms.
As above, please see our annual budget books on the Devon County Council webpage. Inflation on revenue budgets is analysed within service budget pages. In the 2023/24 budget book these are on pages 37 to 85. In the 2022/23 budget book these are on pages 40 to 87.
5. Details of any loans (PWLB or money market) taken out by the council after 30/9/22 and the loan provider, terms and time period for these loans.
No loans have been taken out by Devon County Council in this period.