Decision details

The Cabinet will be presented with a progress report on the budget setting process for 2019/20 and beyond and asked to consider appropriate proposals that would assist the Council in setting a balanced budget for 2019/20.

The Cabinet resolved to:

(i)  Note that no new savings proposals are being brought forward for 2019/20 and the Council remains committed to delivering the savings proposed in the Medium Term Financial Strategy reports approved by the Assembly in February 2017 and 2018;

(ii)  Support the drawdown of £0.570m from Collection Fund surpluses in order for the Council to set a balanced budget for 2019/20, which shall be reflected in the Council’s statutory budget setting report in February 2018;

(iii)  Agree the proposed consultation process for the 2019/20 budget proposals, as set out in section 6 of the report;

(iv)  Agree to consult on the levying of a local 1% “Social Care Precept” to support the Borough’s most vulnerable residents; and

(v)  Note the proposals for the development of a new MTFS for the period 2020/21 to 2023/24.