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E V E N TMonday 12 May 2014

09.00 to 13.00Music Hall, Assembly Rooms

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Programme Objectives

The objectives of the programme are:

1. To ensure that existing budget plans are delivered in order for the Council to operate within a balanced budget

2. To create an investment fund for priority initiatives by FY15/16

3. To deliver better outcomes for our customers through transformation

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1. Financial challenge at BOLD initiation

FY13/14 FY14/15 FY15/16 FY16/17 FY17/18

-200

-100

0

100

200

300

400

500

Projected Savings

Current Savings Target

BOLD Savings

Savin

gs £

m

2015/16Total £29m savings required

2016/17Total £93m savings re-quired

2017/18Total £165m savings required

£422m

£257m

£326m

The BOLD Programme needs to deliver £422m by 2017/18

Our current savings target provides savings of £326m by 2017/18

The projected savings from our budget plans are £257m

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Financial challenge – update

FY13/14 FY14/15 FY15/16 FY16/17 FY17/18

-200

-100

0

100

200

300

400

500

Projected Budget Savings

Current Savings Gap

BOLD Savings

UPDATED projected budget savings

Savin

gs £

m

£422m

£326m

The BOLD Pro-gramme needs to deliver £422m by 2017/18

The current savings gap £326m by 2017/18

The projected budget savings are £257m

UPDATED: pro-jected budget savings are £232m

£232m

£257m

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Burning Platform

No real growth is predicted until 2018/19

There will be at least 3% to 4% real term reductions in funding to Scottish Local Authorities for the next two years

Changes in the size and profile of the city’s population will continue to place increasing expenditure demands on a wide range of services.

Under the terms of a funding agreement with the Scottish Government, the Council is in effect unable to raise additional income through Council Tax until 2017/18 There remains pressure to fund city-wide capital investment in schools, care homes, roads and pavements, sports facilities and flood prevention works.

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Themes

The BOLD programme is comprised of 12 themes:

Workforce Management Property Rationalisation Income maximisation NeighbourhoodsEducation TransformationHealth and Social Care TransformationCo-ordinated ServicesService Reduction Structural ChangeBenchmarkingGrantsEnablers and Tools (including procurement)

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Workshop 1

• Workforce Planning

• Prevention (Health and Social Care Transformation and Education Transformation)

• Property Rationalisation

(1 hour)

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Workshop 2

Neighbourhood Model

(1 hour)

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Thank you