Decision details
2018/19 Cabinet Revenue Budget and Capital Programme
PDF 58 KBDecision Maker: Council Meeting
Decision status: Recommendations approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
To consider and approve:
- the Revenue Budget for 2018/19;
- the Capital Programme for 2018/19 onwards based on the level of
resources estimated to be available;
- the Council’s financial plans and forecasts for the medium
term.
Decision:
The Council Meeting has:-
(1) Approved the Budget for 2018/19 described in the report and set out in Appendix 2 and 3;
(2) Noted the risk assessment of the Budget at Appendix 5 and the report of the Borough Treasurer on the adequacy of proposed financial reserves and robustness of the estimates included at Appendix 5;
(3) Noted the financial forecasts for 2018/19 to 2022/23 (Appendix 6), and the key issues to be addressed in formulating a response to the future financial challenges facing the Council;
(4) Approved the 2018/19 to 2020/21 Capital Programme and the funding arrangements as described in the report and set out at Appendix 7; and
(5) Approved the prudential indicators set out in Appendix 8.
Alternative options considered:
To approve the Liberal Democrat Amendment.
Interests and Nature of Interests Declared:
Councillor Laura Booth declared a personal interest as her daughter was employed by the Council.
Councillor Lisa Smart declared a personal interest at a Director of Stockport Credit Union.
Reason Key: Policy Framework & Budget;
Wards Affected: (All Wards);
Equality and/or Environmental Impact Assessment: N/A
Decision Reference: CM190
Declarations or conflicts of Interest: Councillor Laura Booth declared a personal interest as her daughter was employed by the Council. Councillor Lisa Smart declared a personal interest at a Director of Stockport Credit Union.
Forward Plan Reference: LDR64
Other reasons / organisations consulted
Consultation with Scrutiny Committees,
Corporate Leadership Team, Senior Officers, partners and other
stakeholders based on previous reports
Contact: Jonathan Davies, Corporate and Support Services Email: jonathan.davies@stockport.gov.uk Tel: 218 1025.
Report author: Jonathan Davies
Publication date: 23/02/2018
Date of decision: 22/02/2018
Decided at meeting: 22/02/2018 - Council Meeting
Accompanying Documents: