The subject of the decision
The Head of Financial Services submitted a report which sought to present to Members the draft revenue and capital budget and the formal advice of the chief financial officer on the robustness of the estimates included in the budget and the adequacy of the reserves which supported the Council’s budgetary plans.
Consultations informing the 2019/20 budget process comprised of a survey of residents undertaken during June and July 2018 and a budget consultation focusing on specific budget issues, carried out during December 2018 and January 2019.
Members thanked the chief finance officer, the Financial Services Team and senior managers for their contribution to the development of the draft budget proposals.
Councillor B Cannon moved the recommendations contained within the report. This was seconded by Councillor A Smith. The recommendations were unanimously agreed.
Alternative options considered
The reason for the decision
The Council’s statutory requirement to approve a balanced budget.
That Council be requested to agree that –
· grants and contributions ……..£3,045,919
· capital receipts …………………..£380,000