Decision details
Decision Maker: Cabinet
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: No
Decision:
RECOMMENDED: 1) That Council approve the revision to the Budget for 2015/2016 as set out in the report.
2) That the Policy on Earmarked Reserves and General Fund Working Balance and the maximum balances set for the reserves as noted in the report be re-affirmed.
3) That Council :
i) Approves the budget of £17,970,200 for 2016/2017 and notes the projections for 2017/2018, 2018/2019 and 2019/2020.
ii) Approves the level of Special Expenses for the Town/Parish Councils as detailed in the report.
iii) Approves the Fees and Charges 2016/2017 detailed in Appendix 4.
iv) Approves a Band D council tax of £112.87 for 2016/2017
v) Instructs Management Team to present the Council’s Efficiency Plan to Cabinet as soon as the Government guidance is published and that the Council takes up the option to ’fix’ the four year settlement referred to in paragraph 1.3 above.
4) That the minimum requirement of the General Fund balance for 2016/2017 of £932,756 be approved.
Reason for Decision
The Council is obliged to set a Budget Requirement and level of council tax before the beginning of a financial year commencing on 1 April
Publication date: 03/02/2016
Date of decision: 02/02/2016
Decided at meeting: 02/02/2016 - Cabinet
Accompanying Documents: