Decision details

To approve the strategy and budget process for 2017/18

RESOLVED THAT

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

2.    the budget strategy and MTFS outlined in section 5 and Appendix 3 be approved.

3.    the reserve realignments outlined in section 8 and the level of reserves projected at Appendix 4 be approved.

4.    the expected cut in government baseline funding of £677k for 2017/18, the estimated funding gap of £1.721m and the large amount of work done so far to close this gap be noted.

5.    the Section 151 Officer be authorised to submit a Four Year Efficiency Plan to the DCLG using the approved MTFS as the basis for that submission as outlined in section 6.

6.    the intention for this Council to remain in the Gloucestershire Business Rates Pool in 2017/18 as outlined in section 7 be noted.

7.    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 2017/18 as outlined in section 9.