Decision details

The Executive resolved as follows:

1. To recommend to Council an increase in income of £150,000 from car parking and the Council’s wholly owned Companies as part of its budget savings proposals (ref. paragraphs 7.1 and 7.2 and  line 2.22 of Appendix 2)

(Councillor Smith having declared a prejudicial interest left the room during consideration of this decision.)

2. To recommend to Council the level of net expenditure for the draft General Fund Revenue Budget 2018/19 of £124,365,000 (ref. paragraph 6.2).

3. To recommend to Council a level of budget savings of £5.35m, (ref. paragraphs 7.1 and 7.2 and Appendix 2)

4. To recommend to Council that the Chief Executive be authorised to take any necessary steps to ensure all staffing savings are achieved (ref. paragraph 8.1).

5. To recommend to Council that the target level of working balances remains at £6m (ref. paragraph 10.4).

6. To recommend a detailed review of earmarked reserves takes place at Provisional Outturn 2017/18 to reprioritise and unearmark funds to replenish working balances to their target level in 2018/19 should this be necessary (ref. paragraph 10.4).

7. To note the report of the Budget Scrutiny Review Panel as attached at Appendix 3.

8. To note that the Tourism, Economy and Resources Scrutiny Committee will be formally consulting the Trade Unions and Business Ratepayers on the proposals on the morning of 9February 2018.

9. To consider any further facts and information which subsequently come to light and report the details to the meeting of the Executive on 19February 2018.