Decision details
Budget Spending Plans 2018-2019
Decision Maker: Cabinet, Council
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
To set a net budget requirement and the council tax for the Council for the financial year 2018-2019.
(Recommendation to Council)
Decision:
RECOMMENDED TO THE COUNCIL
(1) That a net budget requirement of £12,988,300 for 2018-2019 be approved.
(2) That council tax be increased by £5 from £150.81 to £155.81 for a band D equivalent in 2018-2019.
(3) That the Investment Opportunities Reserve be increased by £820,200.
(4) That, should the final settlement differ from the provisional settlement, any increase or decrease be dealt with by adjusting the transfer to the Investment Opportunities Reserve above.
(5) The capital programme including the asset renewal programme (appendix 1c and 1d) be approved.
RESOLVED
That the current resources position in appendix 2 and the budget variances included in the Draft Budget Spending Plan in appendix 1b including growth items be noted.
Report author: Mrs Helen Belenger
Publication date: 08/02/2018
Date of decision: 06/02/2018
Decided at meeting: 06/02/2018 - Cabinet
Accompanying Documents:
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