Exeter City Council will have to make net savings of £3.835 million next year and reduce its reserves to a minimum despite an increase in central government funding according to its 2023-24 budget proposals.
Council postpones Exeter City Living 2023-24 business plan until after year end
Exeter City Council’s executive committee has agreed to postpone delivery of the 2023-24 Exeter City Living business plan until a fortnight after the financial year to which it applies begins – five months later than already agreed.
Council budget cuts expected at same time as £10.6m Exeter City Living loan
Exeter City Council is expecting to make net savings of £3.835 million next financial year and reduce its reserves to a minimum despite an increase in central government funding, according to 2023-24 budget proposals to be discussed at January’s executive committee meeting.
Exeter City Living governance review to follow highlighted financial risk
A progress report on the development of the 2023-24 Exeter City Living business plan confirms a governance and management review will take place after an auditor’s report which found that the company had put the council at “significant financial risk” after losing £2.2 million in its first two years of trading.
Karime Hassan tenure as city council CEO to be terminated
Karime Hassan’s tenure as city council CEO is to be terminated following a decision taken in private by councillors, with Bindu Arjoon to be appointed as interim CEO in his place.
Exeter City Futures falsely claims development fund documents disclosed under FOI legislation
Senior council director puts company on collision course with Information Commissioner’s Office as significant governance failings emerge after councillors and public kept in dark over Liveable Exeter financing scheme proposals.
