Issue - meetings

A report by the Director of Finance and Resources.

RESOLVED that the Executive:

Financial Forecasts (MTFS)

(a)      approves the Medium-Term Finance Strategy for the period 2018/19 to 2022/23, as set out at Appendix E to the report; including the adoption of the Opportunities Plan and the allocation of funding of £600,000 during 2019/20 and 2020/21, required to deliver the Plan.

(b)      approves the change to the Council’s Council Tax Exemption Policy, as part of the Opportunities Plan, as outlined in paragraph 12.

(c)       agrees to submit the updated Pay Policy, annexed to the Medium-Term Finance Strategy at Annex C, to Council for approval;

Revenue Budgets

(d)      approves the revised 2018/19 general fund revenue budget, amounting to £8,440,500, as set out in Appendix A and B to the report;

(e)      approves the proposed fees and charges for 2019/20, as set out in Appendix D to the report;

(f)        approves the base 2019/20 general fund revenue budget amounting to £8,666,400, as set out in Appendix A and B to the report;

Capital Programme

(g)      approves the capital programme for the period 2018/19 to 2022/23, amounting to £39,229,000 as set out at Appendix C to the report;

Contract Variation

(h)      notes the variations that have been made to the contract sum awarded to LDA Design Consulting Limited, for the Placemaking Strategy work for Welborne Garden Village, as outlined in paragraphs 23-26.

At the invitation of the Executive Leader, Councillor R H Price, JP addressed the Executive on this item.

A tabled item was presented in respect of this item to clarify the Council Tax discount information contained in paragraph 11 of the report.

Tabled items were also presented in respect of Appendices A, B and E to the report to correct the allocation of expenditure under the Executive Portfolio headings.

RESOLVED that the Executive:

Financial Forecasts (MTFS)

(a)      approves the Medium-Term Finance Strategy for the period 2018/19 to 2022/23, as set out at Appendix E to the report; including the adoption of the Opportunities Plan and the allocation of funding of £600,000 during 2019/20 and 2020/21, required to deliver the Plan.

(b)      approves the change to the Council’s Council Tax Exemption Policy, as part of the Opportunities Plan, as outlined in paragraph 12.

(c)       agrees to submit the updated Pay Policy, annexed to the Medium-Term Finance Strategy at Annex C, to Council for approval;

Revenue Budgets

(d)      approves the revised 2018/19 general fund revenue budget, amounting to £8,440,500, as set out in Appendix A and B to the report;

(e)      approves the proposed fees and charges for 2019/20, as set out in Appendix D to the report;

(f)        approves the base 2019/20 general fund revenue budget amounting to £8,666,400, as set out in Appendix A and B to the report;

Capital Programme

(g)      approves the capital programme for the period 2018/19 to 2022/23, amounting to £39,229,000 as set out at Appendix C to the report;

Contract Variation

(h)      notes the variations that have been made to the contract sum awarded to LDA Design Consulting Limited, for the Placemaking Strategy work for Welborne Garden Village, as outlined in paragraphs 23-26.