2. GENERAL FUND REVENUE BUDGET 2017/18 PDF 295 KB
Additional documents:
Decision:
The Executive resolved as
follows:
To recommend the
Council:
- A
reduction in Bus Route Subsidy of £63,000 as part of its
budget savings proposals (ref. paragraphs 7.1 and 7.2 and line B4.5
of Appendix 2 of the Executive
report)
(Councillor Mrs Wright having
declared a prejudicial interest left the room during consideration of this decision.)
- To
recommend to Council the level of net expenditure for the draft
General Fund Revenue Budget 2017/18 of £120,248,000 (ref.
paragraph 6.2 of the Executive report).
- To
recommend to Council budget savings of £18.637m (ref.
paragraphs 7.1 and 7.2 and Appendix 2 of the Executive report).
Noting that the total of decisions 1 and 3 equal a total budget
savings of £18.7m.
- 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 of the Executive report)
- To
recommend to Council that the business loans fund is increased from
£10m to £100m with immediate effect (ref. paragraph 8.3
of the Executive report)
- To
recommend to Council that the target level of working balances
remains at £6m (ref. paragraph 10.4, of the Executive
report)
- To
recommend a detailed review of earmarked reserves takes place at
Provisional Outturn 2016/17 to reprioritise and unearmark funds to replenish working balances to
their target level in 2017/18 (ref. paragraph 10.4, of the
Executive report)
- To
consider the report of the Budget Scrutiny Review Panel as attached
at Appendix 3 and consider any actions arising from that
review.
- 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 10 February
2017.