Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
To approve the Council’s budget
proposals for consultation
i. the draft budget proposals for 2019/20 as the basis for consultation with the Overview & Scrutiny Commission and other interested parties or individuals is agreed.
ii. the Treasury Management Strategy and associated documents at Annex E of the Director: Finance’s report is agreed and that the Governance and Audit Committee review each of the key elements.
iii. the 2019/20 Schools Budget be set at the eventual level of the Dedicated School Grant income plus any accumulated DSG balances and additional Council funding within the limit set out in recommendation 2.4.
iv. up to £1m of additional funding for schools be made available from the Council over the next 4 years to help mitigate the financial impact of new schools.
v. the Executive Member for Children, Young People and Learning be authorised to agree the allocation of the sums available for schools funding as set out in recommendation 2.4 having regard to the decisions and recommendations of the Schools Forum and to agree detailed budgets for services centrally managed by the Council.
vi. the virements relating to the 2018/19 budget as set out in Annex F and G of Director: Finance’s report is agreed and recommend that those over £0.100m for approval by Council.
The recommendations are designed to allow the Executive to consult on its draft budget proposals for 2019/20 as required by the Local Government Act 2003.
The range of options being considered is included in the Director: Finance’s report and its Annexes.
Wards Affected: (All Wards);
Financial Impact: Council’s annual budget proposals
Subject to Urgent Proceedings: No
Making Representations: In writing to the Borough Treasurer
Other reasons / organisations consulted
Targeted consultation exercises will be
undertaken with business rate payers, the Schools Forum, Parish
Councils and voluntary organisations. In addition, this report and
all the supporting information will be publicly available to any
individual or group who wish to comment on any proposal included
within it. Internal consultation is via officers, members and more
specifically the Overview & Scrutiny Commission and its
Method of Consultation: The Council’s web site, a dedicated mailbox and a letter to all business ratepayers.
Officers, members, business ratepayers, the
Schools Forum, parish and town councils, and the general
Contact: Stuart McKellar, Director: Finance Email: firstname.lastname@example.org Tel: 01344 352205, Arthur Parker, Chief Accountant Email: email@example.com Tel: 01344 352158.
Report author: Stuart McKellar
Publication date: 18/12/2018
Date of decision: 18/12/2018
Decided at meeting: 18/12/2018 - Executive
Effective from: 28/12/2018