Decision details

RESOLVED:

      i.        That the significant uncertainty around Central Government funding levels in 2019/20 and beyond, and that the estimates provided could be subject to significant change be noted.

     ii.        That the estimated position on the Collection Fund and how this will be funded be noted.

    iii.        That Cabinet confirms that Council Tax increases for 2019/20 should be in line with the Medium Term Financial Strategy be noted.

   iv.        That the comments on the inclusion of the savings and investment proposals in the draft budget to include any additional savings or investments be noted.

    v.        That the comments on the inclusion of the capital investment proposals to include any additional capital investments be noted.

   vi.        That the Cabinet requests for amendments to the budget, as discussed, to be considered again in January 2019.

REASONS FOR DECISION:

      i.        To ensure that all relevant factors are taken into consideration when arriving at the proposed Council Tax precept for 2019/20. 

     ii.        To ensure that the Cabinet recommends a balanced budget to Council on
7 February 2019.