Decision details

Council Budget Report

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No


(1)          That the Cabinet considered the Council’s 2019/20 General Fund budgets and make recommendations to the Full Council meeting on 21 February 2019 to adopt the following:




the revised revenue estimates for 2018/19, which were anticipated to reduce the General Fund balance by £0.8m;




a decrease in the target for the 2019/20 CSB budget from £12.1m to £12.0m (including growth items);




an increase in the target for the 2019/20 DDF net spend from £0.553m to £2.373m;




no change in the District Council Tax for a Band ‘D’ property to keep the charge at £152.46;




the estimated increase in General Fund balances in 2019/20 of £0.43m;




the five year capital programme 2018/19 – 2022/23;




the Medium Term Financial Strategy 2018/19 – 2022/23;




the Council’s policy on General Fund Revenue Balances to remain that they are allowed to fall no lower than 25% of the Net Budget Requirement.



(2)          That the Cabinet recommends to the Full Council that the 2019/20 HRA budget including the revised revenue estimates for 2018/19 be agreed;


(3)          That the Cabinet notes that rent reductions proposed for 2019/20 would give an average overall fall of 1%;


(4)          That Cabinet recommends to Full Council the adoption of the Capital Strategy 2018/19 to 2022/23;


(5)          That the Cabinet notes the Chief Financial Officer’s report to the Council on the robustness of the estimates for the purposes of the Council’s 2019/20 budgets and the adequacy of the reserves.


Report author: Peter Maddock

Publication date: 14/02/2019

Date of decision: 07/02/2019

Decided at meeting: 07/02/2019 - Cabinet

Accompanying Documents: