Cabinet considered the report and RESOLVED to approve:
1. The Tranche One service proposals, outlined in Appendix C to the report as the basis for public consultation.
2. The updated budget assumptions, to be incorporated within the Medium Term Financial Strategy 2020/21 – 2022/23. These were outlined in section 5.2 and 5.3 of the report.
3. The additional resourcing required to deliver the outlined proposals, in order to achieve future financial benefits. These were outlined in section 5.4 (strategic approach) and section 6 (reserves) of the report.
4. The revised capital programme outlined in section 5.5 of the report and referencing Appendix B to the report.
5. The Medium Term Financial Strategy 2020/21 – 2022/23-Tranche One, as set out in the body of the report and the following appendices to the report:
· Appendix A – 2020/21 – 2022/23 MTFS Detailed Budget Position – Tranche One
· Appendix B – Capital Programme Schemes 2020/21- 2024/25
· Appendix C – Budget Consultation Document, including Tranche One Budget Proposal detail
· Appendix D – Equality Impact Assessments
· Appendix E – Carbon Impact Assessments- draft
Cabinet RESOLVED to note:
6. The future strategic direction for the Council outlined in section 5.4 of the report.
7. The forecast reserves position, outlined within section 6 of the report.