Decision details

RECOMMENDED TO CABINET:

(1)       That the decrease in the 2019/20 working budget of £200k, as detailed in table 6, be approved; and

(2)       That the carry-forward of £88k of budget in to 2020/21, as detailed in table 6, be approved.

That Cabinet recommend to Council:

(1)       That the transfer from reserves to the General Fund as detailed in 8.4.3 to 8.4.4 be approved;

(2)       That the forecast savings target for future years and the approach to balancing the budget, as detailed in paragraph 8.9.4, be noted;

(3)       That the Collection Fund and how it will be funded be noted;

(4)       That the position relating to the General Fund and that due to the risks identified a minimum balance of £2.45 million is recommended, be noted;

(5)       That the savings and investments as detailed in Appendix B be approved;

(6)       That a net expenditure of £14.974m, as detailed in Appendix C, be approved; and

(7)       That a Council Tax increase of £5 for 2020/21 for a band D property, with other increases pro-rata to this, be approved.

REASONS FOR DECISIONS:

(1)       To ensure that all the relevant factors are taken in to consideration when arriving at the proposed Council Tax precept for 2020/21; and

(2)       To ensure that Cabinet recommends a balanced budget to Full Council on 6 February 2020.