Decision details

2019/20 Cabinet Revenue Budget and Capital Programme (LDR73)

Decision Maker: Cabinet

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No


To consider and approve:
- the Revenue Budget for 2019/20;
- the Capital Programme for 2019/20 onwards based on the level of resources estimated to be available;
- the Council’s financial plans and forecasts for the medium term.


The Cabinet considered it’s proposed 2019/20 Revenue Budget and Capital Programme investment plans, outlining the Council’s financial outlook and challenges across the medium term period 2019/20 – 2022/23 and recommended to the Council Meeting that it:-


        approve the Budget for 2019/20 described in the report and set out in Appendix 2 and 3;

        note the risk assessment of the Budget at Appendix 5 of the report and the report of the Borough Treasurer on the adequacy of proposed financial reserves and robustness of the estimates included at Appendix 5;

        note and comment upon the financial forecasts for 2019/20 to 2022/23 (Appendix 6 of the report), and the key issues to be addressed in formulating a response to the future financial challenges facing the Council;

        approve the 2019/20 to 2021/22 Capital Programme and the funding arrangements as described in the report and set out at Appendix 7 of the report;

        approve the prudential indicators set out in Appendix 8 of the report; and

        pass the appropriate Council Tax resolutions which produce a Council Tax increase of 2.75% (1.75% General increase and 1% Adult Social Care Precept increase) as illustrated in Appendix 9 of the report.


Alternative options considered:


Reason Key: Policy Framework & Budget;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: N/A

Decision Reference: CAB150

Declarations or conflicts of Interest: None

Forward Plan Reference: LDR73

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: Tel: 218 1025.

Report author: Jonathan Davies

Publication date: 07/02/2019

Date of decision: 05/02/2019

Decided at meeting: 05/02/2019 - Cabinet

Accompanying Documents: