Decision details

The Executive considered the Investing in Stockport - Executive Proposals and Response to MTFP 2015/16 and 2016/17 and an addendum to the report following the final local government financial settlement and agreed that:-

·         the progress made in developing Investing in Stockport, in response to the challenges faced, as a coherent single programme of growth and public service reform be noted and endorsed;

·         the final business cases set out at Appendix One for BC1 Preventative Commissioning Strategy; BC3 Integrated Health and Social Care; BC6 Leisure facilities be approved;

·         the further development and implementation of all agreed business cases be monitored on a regular basis throughout 2015/16 and 2016/17 in order to be assured that the organisation is making the necessary changes to continue to make key and sustainable contributions to the five outcomes from reduced resources in future years.

the Council Meeting be recommended to:

·         agree the Budget for 2015/16 described in the report (as amended) and set out in Appendix Three (a);

·         agree the Medium term Financial Plan to 2016/17 as described in the report and included in Appendix Four ;

·         note and comment upon the financial forecasts for 2017/18 to 2018/19 (Appendix Eight), and the key issues to be addressed in formulating a response to the future financial challenges facing the Council;

·         pass the appropriate Council Tax resolutions which produce a Council Tax Freeze for Council services as illustrated at Appendix Eleven;

·         approve the 2015/16 to 2018/19 capital programme and the funding arrangements as described in the report and set out at Appendix Nine;

·         approve the prudential indicators set out in Appendix Ten; and

·         note the risk assessment of the Budget at Appendix Six and the report of the Corporate Director for Corporate and Support Services on the adequacy of proposed financial reserves and robustness of the estimates included at Appendix Seven.

None