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.
The Cabinet consider it’s proposed 2018/19 Revenue Budget and Capital Programme Investment Plans, outlining the Council’s financial outlook and challenges across the medium term period 2018/19 to 2022/23 and recommended to the Council Meeting that it:
• approve the Budget for 2018/19 described in the report and set out in Appendix 2 and 3;
• note 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;
• note and comment upon 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;
• approve the 2018/19 to 2020/21 Capital Programme and the funding arrangements as described in the report and set out at Appendix 7;
• approve the prudential indicators set out in Appendix 8; and
• pass the appropriate Council Tax resolutions which produce a Council Tax increase of 4.99% (2.99% General increase and 2% Adult Social Care Precept increase) as illustrated in Appendix 9.