Decision details

To approve the Final General Fund Revenue and Capital Budget

RESOLVED THAT it be recommended to Council to :

1.    Approve the revised budget for 2018/19.

2.    Consider the budget assessment by the Section 151 Officer at Appendix 2 in agreeing the following recommendations.

3.    Approve the final budget proposals including a proposed council tax for the services provided by Cheltenham Borough Council of £209.08 for the year 2019/20 (an increase of 2.99% or £6.07 a year for a Band D property), as detailed in paragraphs 4.18 to 4.23.

4.    Approve the growth proposals, including one off initiatives at Appendix 4.

5.    Approve the savings / additional income totalling £1,677,600 and the budget strategy at Appendix 5.

6.    Approve the use of reserves and general balances and note the projected level of reserves, as detailed at Appendix 6.

7.    Note that the Council will remain in the Gloucestershire business rates pool for 2019/20 (paragraphs 4.5 to 4.17).

8.    Approve the recommendations made by the Independent Remuneration Panel (IRP), as detailed in paragraph 5.14.

9.    Approve the Pay Policy Statement for 2019/20, including the continued payment of a living wage supplement at Appendix 9.

10.  Approve the Medium Term Financial Strategy (MTFS) detailed in Section 5 and Appendix 10.

11.  Approve a level of supplementary estimate of £100,000 for 2019/20 as outlined in Section 13.