Decision details

*RESOLVED -

That it be recommended to Full Council that:

(1)         The revised budget for 2014/15 be approved.

(2)         The Local Government Finance Settlement be noted.

(3)         The Collection Fund and Tax Base forecasts be noted.

(4)         The Portfolio budgets and the overall revenue budget summary for 2015/16 be approved.

(5)         The proposed Council Tax for 2015/16 be approved.

(6)         The Cabinet’s recommendations on the growth requests be approved.

(7)         The budget forecasts for 2015/16 and 2016/17 and the strategy for addressing the projected deficits be noted.

(8)         The estimates of reserves, including reducing the General Working Balance to £1.5m after applying £250k in 2015/16 to help finance the Council’s share of the Business Rates deficit, be approved.

(9)         The budget risks and sensitivity analysis be noted.

(10)     The Government’s Retail Relief and extended Transitional Relief schemes be adopted as local schemes.

(11)     The 2015/16 Council Tax Requirement and financing be approved.

(12)     The Chief Finance Officer’s assurances be noted.