Timetable for budget preparation
The timetable for preparing an annual budget typically starts 14 months beforehand:
- February to June – senior council employees consider their spending pressures for the following financial year
- July – Cabinet sets out its initial financial guidelines for the next financial year
- During September and October – council leaders and senior council employees meet to discuss the proposed budget
- During November and December – councils receive initial Revenue Support Grant figures from central government
- During December and January – the Cabinet refine their financial plans and policies for the next financial year
- February – the council approves its annual budget and policy plan for the next financial year, and approves the amount to collect from council tax
- April – the new financial year starts and the new budget will be published on this website