Decision details

Subject to the final confirmation of the GLA precept, to approve the following recommendations for Full Council at its meeting on 2 March 2015, to: 

(i)        agree that there is no increase in the Council’s element of council tax for 2015/16.

(ii)       agree the General Fund revenue budget for 2015/16, and note the indicative budget for 2016/17, as summarised in appendix B.

(iii)      agree the Service Area budgets including the cost pressures and savings detailed in Appendices C and D and dedicated schools’ grant as set out in section 6.

(iv)       agree the budgets for central items as detailed in Appendix G.

(v)        agree the Housing Revenue Account budget set out in Appendix I(ii).

(vi)       agree the 2015/16 to 2016/17 capital programme as set out in Appendix J.

(vii)      agree the Treasury Management Strategy and the Annual Investment Strategy for 2015/16 set out in Appendix K.

(viii)     agree the Prudential Indicators measuring affordability, capital spending, external debt and treasury management set out in Appendix L.

(ix)       note the report from the Chief Finance Officer in Appendix E in respect of his statutory duty under Section 25 of 2003 Local Government Act.

(x)        note the advice of the Chief Legal Officer as set out in Appendix M.

(xi)       note the levels of unsupported borrowing forecast for 2015/16, based on the borrowing levels agreed by the Council on 3 March 2014.

(xii)      agree the instalment dates for council tax and NNDR for 2015/16, and the recovery policy for council tax as set out in Appendix H(ii).

(xiii)     agree that decisions on individual applications for reducing Council Tax payable in accordance with section 13A(1)(c) of the Local Government Finance Act 1992 be delegated to the Chief Finance Officer.