Decision details

To approve the strategy and budget process for 2018/19

RESOLVED THAT

1.    The budget setting timetable at Appendix 2 be approved.

2.    The budget strategy outlined in section 5 be approved

3.    The expected cut in government baseline funding of £364k for 2018/19, the estimated funding gap of £1.079m and the large amount of work done so far to close this gap be noted.

4.    The intention for this Council to remain in the Gloucestershire Business Rates Pool in 2018/19 as outlined in section 6 be noted and to consider the merits of applying to the Government to pilot 100% Business Rates Retention in 2018/19.

5.    The Section 151 Officer and the Cabinet Member for Finance be requested to consider suggestions from the Budget Scrutiny Working Group in preparing the interim budget proposals for 2018/19 as outlined in section 7.