*RESOLVED –
1. That the updated budget projections for 2020/21 and future years, as detailed in Appendix A of the officer’s report, recognising the difficulty of producing accurate estimates in the current climate and the continued risks associated with these budget estimates, be noted.
2. That work continues to refine the draft estimates for 2020/21 and future years and to develop budget saving proposals to address the forecast deficits from 2021/22.
3. That the changes to budget assumptions outlined in paragraph 7.3 of the officer’s report be approved.
REASON FOR DECISIONS
To keep Members informed about the council’s current financial standing, the budget estimates for 2020/21 and 2021/22 and the latest medium term financial forecasts.