RESOLVED

i)             That the current financial position and the substantial work necessary to deliver a balanced 2016/17 budget and in future years as set out in Section 7 be noted.

ii)            That the work being undertaken to develop a Sustainable Business Model for the Council be noted, in particular

a.    Resources and Expenditure projections from 2016/17 to 2020/21 as set out in Section 6

b.    The categorisation of services into “Protected Services” which form the core of services to be delivered by the Council under a Sustainable Business Model as set out in Section 8.

c.    The potential impact on other services which would need to be delivered to a level contained within the Council’s remaining resources (Sections 8 and 9).

iii)           That the options available to Council to manage and maximise resources as set out in Section 8 (8.26 onwards) which will need to be formally agreed in February 2016 be noted.

iv)           That the impact of the Chancellor’s Announcement on 100% Local Business Rate Retention as set out in Section 10, be noted.

v)            That the launch of the ‘Big Conversation’ to engage with stakeholders and the general public over the coming months be noted as set out in Section 11.