Decision details

To review the 2016/17 budget in the light of the spending review and be updated on financial plans for 2017/18 and 2018/19.

(i)         To note the budget proposals previously agreed for 2016/17 and 2017/18, as set out in Appendix One;

(ii)        To confirm that the proposals referred to in Appendix One, having already been extensively consulted upon, should remain part of the council's budget and business plans;

(iii)       To note the impact of SR15 on the overall financial position, as set out in section four of this report, and to note the remaining uncertainties, including that the local government finance settlement is not expected to be released until week commencing 14 December;

(iv)       To note the new budget and business plan proposals, as set out in section five, with a summary in Appendix Two and detailed proposals in Appendix Three;

(v)        To agree that the proposals referred to in (iv) should be consulted upon, in line with the timetable set out in section seven, and referred back to Cabinet for its February 2016 meeting for decision;

(vi)       To agree the schools' budget set out in section eight of this report;

(vii)      To agree the approach to developing an investment strategy set out in section six.