Issue - meetings

The Report of the Interim Head of Finance and S151 Officer.

Presented by the Corporate Portfolio Holder.

The Corporate Portfolio Holder presented the report and noted the inflationary pressures of 10%+ on some services, and also highlighted the risks on the level of funding from the government in the medium term. The Portfolio Holder wished to congratulate the Leader on the council tax freeze which had been in place for 14 years. It was noted that Cabinet considered it important to freeze the level of council tax for all residents during challenging financial times and proposed a balanced budget for the Coalville Special Expenses Working Party area without increasing the precept.

It was moved by Councillor N Rushton, seconded by Councillor R Bayliss and

RESOLVED THAT:

1. The attached Council report (Appendix A) be endorsed by Cabinet and recommended to Council for approval at its meeting on 23 February 2023.
2. The Section 151 Officer, in consultation with the Corporate Portfolio Holder, be delegated authority to make amendments to the report to improve its accuracy prior to consideration at Council on 23 February 2023.

Reason for decision: To allow the Council to approve the 2023/24 budget.