Decision details

To approve the final General Fund Budget Proposals 2014/15 and recommend to Council to approve the final General Fund Budget Proposals 2014/15

RESOLVED THAT it be recommended to Council that :

1. The revised budget for 2013/14 with a projected budget saving of £444.6k be noted and that the proposals for its use be approved as detailed in Section 3.2.

Having considered the budget assessment by the Section 151 Officer at Appendix 2 the following recommendations be agreed :

1.      the final budget proposals including a proposed council tax for the services provided by Cheltenham Borough Council of £187.12 for the year 2014/15 (a 0% increase based on a Band D property)be approved.

2.      the growth proposals, including one off initiatives at Appendix 4, be approved.

3.      the savings / additional income and the budget strategy at Appendix 5 be approved.

4.      the proposed capital programme at Appendix 6, as outlined in Section 9, including the additional underwriting of £360,000 to support the Art Gallery and Museum redevelopment scheme (separate report to council) be approved.

5.      the proposed Property Maintenance programme at Appendix 8, as outlined in Section 10 be approved.

6.      the reserve realignments outlined in section 8 and the level of reserves projected at Appendix 6 be approved.

7.      the Pay Policy Statement for 2014/15 at Appendix 9 be approved.

8.      a level of supplementary estimate of £100,000 for 2014/15 as outlined in Section 14 be approved.

9.      it be noted that the Council will remain in the Gloucestershire business rates pool for 2014/15 (para 4.12).

10. there be no change to the Local Council Tax support scheme in 2014/15 (para 4.18).