Decision details

Financial Hardship Action Plan Update

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To review the progress of the Financial Hardship Action Plan and the upcoming work for the remainder of the plan period. To set out the proposed initiatives to support residents experiencing financial hardship that will delivered in the coming months.

Decision:

RESOLVED that

 

  1. the planned and accelerated initiatives set out in 5.4 are endorsed to address the local cost of living challenges to be delivered within the next three months.

 

  1. the Executive commit to reviewing the existing Financial Hardship Action Plan with a report back to Executive in autumn ahead of Winter 2023.

 

Reasons for the decision:

There continues to be significant financial pressures facing many households in the

borough, addressing this is a priority for the new lead administration. The

recommendations set out provide continued and enhanced support to those most in

need. These actions focus on where the council can help reduce the impact of

financial hardship and encourage the financial resilience of residents.

Alternative options considered:

A range of potential initiatives have been considered as part of these proposals. The

recommendations balance the time, budget and resourcing constraints with providing

the critical support the residents experiencing acute challenges as a result of the

rising cost of living.

Interests and Nature of Interests Declared:

None

Reason Key: Affects more than 1 ward;

Wards Affected: (All Wards);

Financial Impact: To be determined.

Declarations: None

Subject to Urgent Proceedings: No

Making Representations: In writing to the Chief Executive.

Other reasons / organisations consulted

None.

Consultees

None.

Contact: Katie Flint, Policy and Performance Lead Email: katie.flint@bracknell-forest.gov.uk Tel: 01344 352217.

Report author: Katie Flint

Publication date: 20/06/2023

Date of decision: 20/06/2023

Decided at meeting: 20/06/2023 - Executive

Effective from: 28/06/2023

Accompanying Documents: