Issue - meetings

Report of the Strategic Director of Housing and Customer Services

Presented by the Corporate Portfolio Holder

Councillor Nick Ruston presented the report to Cabinet.

The Leader thanked Councillor Rushton and invited questions and comments from Members.  Cabinet fully supported the recommendations and expressed their thanks for all the hard work of the Finance Team which has put this Council in a much better financial position than others in the county with the additional challenge of having had no increase to the level of council tax for 12 years.

The recommendations as set out on page 114 of the agenda were moved by Councillor Rushton, seconded by Councillor Gillard and subsequently

RESOLVED THAT:

(1)       The Council’s revised Medium Term Financial Plans be noted;

(2)       The allocation in principle of £100k from the self-sufficiency reserve to engage external expertise to support the delivery of journey to self-sufficiency savings, be approved. 

Reason for decision:To ensure Cabinet are fully brief on the revised Medium Term Financial Plans and resultant 5 year financial outlook before the budget for 2021 and beyond is developed.