Issue - meetings

The report of the S151 Officer and Cabinet Member for Finance was submitted detailing proposed changes to existing Revenue and Capital Budgets to incorporate changes to this and future years’ budgets.

RESOLVED

(i)  that it be noted that the Medium Term Financial Forecast would be further updated for the November budget report to Cabinet;

(ii)  that the savings proposals, as set out in Appendix 1 to the report be approved;

(iii)  that the remaining budget shortfall for 2016/17 to 2019/20 as set out in paragraphs 7 to 10 to the report be noted;

(iv)  that the required change to Treasury Management indicators as set out in paragraphs 32 to 39 of the report be noted;

(v)  that delegated authority be granted to the S151 Officer to action all budget changes arising from the approved efficiencies, income and service reductions and incorporate any other approved amendments into the General Fund Estimates; and

(vi)  that delegated authority be granted to the S151 Officer following consultation with the Cabinet Member for Finance to do anything necessary to give effect to the recommendations in the report.