Decision details

*RESOLVED –

That it be recommended to Full Council that:

1.    The revised budget for 2019/20, as detailed in section 5 of the officer’s report, be approved.

2.    The requests for funding from the Budget Risk Reserve, as detailed in paragraphs 5.3 to 5.6 of the officer’s report, be approved.

3.    The overall revenue budget summary for 2021/22, as detailed in section 7 and Appendix A of the officer’s report, be approved.

4.    The Collection Fund and the Tax Base forecasts, as detailed in section 8 of the officer’s report, be noted.

5.    The use of the capital receipts flexibility to fund the revenue costs of the ICT programme which will lead to budget savings, as detailed in section 9 of the officer’s report, be approved.

6.    The budget forecasts for 2020/21 and the medium term and the action plan for addressing the projected deficits, as detailed in section 10 of the officer’s report, be noted.

7.    The estimates of reserves including maintaining the General Working Balance at £1.5m, as detailed in section 11 and Appendix D of the officer’s report, be approved.

8.    The budget risks and sensitivity analysis, as detailed in Appendix E of the officer’s report, be noted.

9.    The recommended £5 increase in the Council’s share of Council Tax for a Band ‘D’ property in 2020/21 be approved.

10.  The 2020/21 Council Tax Requirement and financing, as detailed in Appendix F of the officer’s report, be approved.

11.  The Acting Chief Finance Officer’s assurances, as detailed in section 16 of the officer’s report, be noted.

REASON FOR DECISIONS

In order to meet the statutory requirements relating to setting a budget and the council tax.