Medium Term Financial Strategy 2018-19 To 2020-21 Consultation - NOV17/CAB/55
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Cabinet considered the report and RESOLVED (unanimous) to:
1. Approve the phase one budget proposals, outlined in Appendix C and D, as the basis for public consultation. This included a 4.99 per cent council tax increase, as built into the 2017/18 Medium Term Financial Strategy.
2. Authorise the Chief Executive to explore shared services with other local authorities to support frontline services.
Reasons for the decision:
The Council must set a lawful and balanced budget. The approach outlined in this report worked towards this requirement.
Alternative options considered:
No alternative option had been considered as the Cabinet was responsible under the Constitution for initiating Budget Proposals and the Council was statutorily obliged to set a lawful and balanced budget by 11 March annually.
Publication date: 20/11/2017
Date of decision: 20/11/2017