Additional documents:
Decision:
Having considered an officer report, and a presentation by the Cabinet
Member for Resources, Councillor Kevin Bonavia, the Mayor agreed from the
options available that:
(1) the updates from the Autumn Statement and provisional Local
Government Finance Settlement as presented be noted;
(2) the current financial assumptions of the Medium Term Financial Strategy
(MTFS) assume an annual 2% Adult Social Care precept is applied to the
Council Tax Base for the next three years (option 1 in section 7) and that the
Local Government Finance Settlement introduced new alternative options (2
to six) on which the budget could be modelled and that Option 4 should be
recommended to the Council;
(3) the Council’s budget be prepared with a reduced corporate risks and
pressures budget of £6.5m (down from £7.5m in previous years) for the three
years to 2019/20, thereby saving £1m in 2017/18 and £3m over the period.
Minutes:
Having considered an officer report, and a presentation by the Cabinet
Member for Resources, Councillor Kevin Bonavia, the Mayor from the
options available and for the reasons otherwise set out in the report:
RESOLVED that:
(1) the updates from the Autumn Statement and provisional Local
Government Finance Settlement as presented be noted;
(2) the current financial assumptions of the Medium Term Financial Strategy
(MTFS) assume an annual 2% Adult Social Care precept is applied to the
Council Tax Base for the next three years (option 1 in section 7) and that the
Local Government Finance Settlement introduced new alternative options (2
to six) on which the budget could be modelled and that Option 4 should be
recommended to the Council;
(3) the Council’s budget be prepared with a reduced corporate risks and
pressures budget of £6.5m (down from £7.5m in previous years) for the three
years to 2019/20, thereby saving £1m in 2017/18 and £3m over the period.
The meeting closed at 3.58pm