Decision details

2019/20 Cabinet Revenue Budget and Capital Programme

Decision Maker: Council Meeting

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: Yes


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 Council Meeting has:-


(1) Agreed the Budget for 2019/20 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 and comment upon the financial forecasts for 2019/20 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 2019/20 to 2021/22 Capital Programme and the funding arrangements as described in the report and set out at Appendix 7; and


(5) Approve the prudential indicators set out in Appendix 8;


Subject to:-


·         The removal of the budget proposal relating to reducing Ward funds, protecting them at their current level creating an additional savings requirement of £0.216m ongoing.

·         For 2019/20 and 2020/21, fund this by using the historic underspend of £0.468m, putting any surplus in to general reserves.

·         For 2021/22 onwards, add to the Council’s savings requirement £0.216m, to be found from outside frontline service delivery. This would be an increase of under 1% of the savings requirement for that year.

Alternative options considered:

(1) To pass the budget without amendment.


(2) To adopt the amendment proposed by the Conservative Group.

Interests and Nature of Interests Declared:


Reason Key: Policy Framework & Budget;

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: N/A

Decision Reference: CM201

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: 28/02/2019

Date of decision: 21/02/2019

Decided at meeting: 21/02/2019 - Council Meeting

Effective from: 08/03/2019

Accompanying Documents: