Issue details

Budget Proposals Second Tranche Consideration

Cabinet considered the report and RESOLVED to:  


1.    Note the advice of the Chief Finance Officer per Schedule A, the continuing uncertainty of national public finances, and the risks surrounding forecasts and budget proposals;


2.    Note that all grant figures are provisional pending the Final Settlement in February 2017;


3.    Approve the Phase 2 Budget Conversation, including the conversation document;


4.    Seek feedback from Scrutiny, residents, partner organisations, businesses and other interested parties on the budget and budget proposals outlined in the budget conversation document;


5.    Approve the draft Medium Term Financial Strategy 2017/18-2026/27 as the basis for consultation, as set out in the attached Schedules which comprise of:

a.    Report of the Chief Finance Officer,

b.    Forecast Revenue Outturn 2016/17,

c.    Budget Proposals, Key Figures & Cash Limits (including fees & charges proposals),

d.    Treasury Strategy, Prudential Code & Minimum Revenue Provision,

e.    Asset Investment Strategy, Acquisition Strategy, Capital Programme & Disposals 2017/18 – 2026/27,

f.     Asset Management Plan; and


6.    Approve for consultation a Social Care precept of 3% for 2017/18 and 3% in 2018/19, as well as the Council tax increase of 2% for 2017/18 and future years, already agreed as part of the 2016/17 budget strategy.


Decision type: Non-key

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 28/10/2016

Decision due: 6 Feb 2017 by Cabinet

Lead director: John Harrison

Department: Resources

Contact: Steven Pilsworth, Service Director Financial Services Email:, 01733 384564 Email: Tel: 01733 384564.

Relevant Scrutiny Committee: Growth, Environment & Resources


Agenda items


  • It is not anticipated that there will be any documents other than the report and relevant appendices to be published.