Decision details

General Fund Estimates 2019/20

Decision Maker: Executive, Council

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To agree the budget for 2019/2020.

Decision:

The Executive RECOMMENDED to Council that the 2019/20 General Fund Revenue Budget of £13,158,597 as set out in Annex A to the agenda report, be approved;

 

 

The Executive RESOLVED to note

 

1.               That expenditure totalling £2,042,116 will be charged directly to reserves;

 

2.               That a minimum revenue provision of £2,014,000 is required to repay debt;

 

3.               That the budget includes provision for a staff pay increase;

 

4.               The provisional NNDR baseline of £1,543,240 and the final settlement on will be reported to Council at its meeting on 27th February 2019;

 

5.               That a full report, setting out Council Tax proposals for 2019/20 will be presented to Council on 27th February 2019.

 

6.               The Financial Strategy and its implications for financial sustainability

 

Report author: Kelvin Menon

Publication date: 20/02/2019

Date of decision: 19/02/2019

Decided at meeting: 19/02/2019 - Executive

Accompanying Documents: