Issue - meetings

Report of the Cabinet Member for Resources and Workforce Planning, detailing changes to existing Revenue and Capital budgets, attached

DECISION MADE: (Ref: CAB 10/11 1676)

On consideration of the report of the Cabinet Member for Resources and Workforce Planning Cabinet agreed to recommend the following to Full Council:

(i)  Note the key issues outlined in Appendix 1 arising from the Budget on 22^nd June that will have an impact on Local Government.

(ii)  Note the high level forecast for the General Fund for the next three years contained in Appendix 2.

(iii)  Note the cuts in Government grant for 2010/11 detailed in Appendix 3.

(iv)  Approve the reductions in budget for 2010/11 in Appendix 4 in response to the cut in Government grant.

(v)  Note the actions that are being taken to manage the in year cuts in grant outlined in paragraphs 21 to 25.

(vi)  Approve an additional draw from General Fund Balances of up to £1M in 2010/11 if required during the year.

(vii)  Approve the efficiencies, income generation proposals and service reductions as set out in Appendix 5, subject to recommendation (viii).

(viii)  Note that prior to a final decision being made regarding grant reductions and new income generation referred to in Appendix 5, formal consultation with affected people and organisations be commenced as soon as possible and to note that the implementation of these savings is subject to the outcome of consultation with affected parties.

(ix)  Delegate authority to the Executive Director of Resources following consultation with the Solicitor to the Council and the Cabinet Member for Resources and Workforce Planning to make any further changes to budgets during 2010/11 in response to the cuts in Government grants, subject to these being reported to Council at a later date.