Decision details

To approve the budget strategy and process for 2019/20

RESOLVED THAT

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

2.    the budget strategy outlined in section 5 be approved

3.    the estimated funding gap of £2.096m in 2019/20 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 2019/20 as outlined in section 6 be noted and that it be noted that Gloucestershire has applied to the Government to pilot 75% Business Rates Retention in 2019/20.

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 2019/20 as outlined in section 7.