To receive and recommend to Council the Final Revenue Budget 2019/20 and Medium Term Financial Strategy 2020/21 to 2023/24.
Executive Councillor: J A Gray.
Contact: C Mason 388157
By means of a report prepared by the Head of Resources (a copy of which is appended in the Minute Book) the Cabinet were provided with details of the Final Budget 2019/20 and Medium Term Financial Strategy 2020/21 to 2023/24 which included the Capital Programme.
Attention was drawn to changes made to the budget since the Cabinet’s previous meeting, the approved efficiency plan and the “Robustness” statement which identified the risks to the Council and its impact upon General Fund reserves. The Head of Resources tabled a briefing note on the outcome of the budget consultation undertaken with the business community together with an updated “Plan on a Page” (Appendix 3) (copies of which are also appended in the Minute Book).
In receiving the comments of the Overview and Scrutiny Panel (Performance and Growth) and a response from the Head of Resources on the reasons for the £200K overspend on the grounds maintenance part of the Leisure and Health budget during 2018/19, the Cabinet expressed their appreciation to the Executive Councillor for Strategic Resources, Senior Officers and staff for their efforts in producing a comprehensive budget. Whereupon, it was
that Council be recommended to approve:
(a) the overall Final Budget 2019/20 and Medium Term Financial Strategy 2020/21 to 2023/24 (as attached as Appendix 1 of the report now submitted, which includes the Revenue Budget as Section 2 and the Capital Programme at Section 3); and
(b) the new “Plan on a Page” (as tabled at the meeting as an updated version of Appendix 3).