Decision details
Draft Budget Proposals 2019/20 – 2020/21
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
The purpose of this report is to set out the
Council’s budget proposals for 2019/20 – 2020/21.
Subject to the results of consultation it is envisaged that these
would then form the basis of the budget to be agreed at the Full
Council meeting of February 2019.
Decision:
RESOLVED:
i. Cabinet noted the overall financial position.
ii. Cabinet agreed to consult on the budget proposals as set out in Appendices A, B, C, D of the report.
iii. Cabinet noted that detailed information on each of the budget proposals as set out in Appendix E of the report.
iv. Cabinet agreed to consult on council tax increases of 4.99% in 2019/20, subject to the legislative uncertainty set out in the report, and 3.99% in 2020/21.
v. Cabinet endorsed the approach to consultation and scrutiny between October 2018 and January 2019, as set out in the report.
vi. Cabinet endorsed the changes to the technical budget assumptions underpinning the budget as set out in the report.
vii. Cabinet agreed the estimated Collection Fund balance relating to Council Tax for 2019/20 as a surplus of £0.9m and noted the current estimated balance relating to NNDR for 2019/20 as zero (no surplus or deficit) as set out in the report.
viii. Cabinet noted the position on the School funding reform proposals, as set out in the report.
ix. Cabinet noted the budget proposals for the Housing Revenue Account, as set out in the report.
Reason Key: Affects more than 2 wards;
Wards Affected: (All Wards);
Contact: Conrad Hall, Chief Finance Officer Email: conrad.hall@brent.gov.uk Tel: 020 8937 6528.
Report author: Ravinder Jassar
Publication date: 16/10/2018
Date of decision: 15/10/2018
Decided at meeting: 15/10/2018 - Cabinet
Effective from: 23/10/2018
Accompanying Documents:
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