Decision details
Financial Strategy 2019/20 to 2023/24
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
The Leader introduced a report from the Director of Finance, Governance and Assurance setting out the Council’s Financial Strategy over the next five years.
Decision:
RESOLVED:
A. To agree and recommend to Council the 2019/20 budget of £592.696m outlined in the Budget Book at Appendix 7, including the savings proposals outlined at Appendix 4.
B. To note the changes required to the 2019/20 budget as a result of the Provisional and Final Local Government Settlement and revised business rates and collection fund estimates.
C. To note the revised funding gap for the years 2020/21 to 2023/34.
D. To note the continued use of the Policy for Flexibility around the use of Capital Receipts.
Publication date: 14/02/2019
Date of decision: 13/02/2019
Decided at meeting: 13/02/2019 - Cabinet
Effective from: 21/02/2019
Accompanying Documents: