RECOMMENDED that:
(i) a budget of £16.294m including the savings and growth reported, a provision for a pay award and an increase in Band D Council Tax of 2.99% (or £6.61) be approved;
(ii) the statement of the Chief Finance Officer (shown at Annex 1 of the report presented) be noted; and
(iii) the Capital Programme (shown at Annex 2 of the report presented) be approved.
RESOLVED that the Chief Finance Officer be authorised to make any necessary technical adjustments to the budget and Council Tax demand proposed to Council arising from final budget refinements or changes to government funding.
(i) That the report of the Overview and Scrutiny Committee on the service and financial plans for 2019/20 be noted.
(ii) That the comments outlined in paragraphs 12 and 13 of the report presented, concerning the budget proposals for 2019/20 and the reporting of budget contingency or headroom, be accepted.
(iii) The comments outlined in paragraph 14 of the report presented, concerning the proposed internal audit of budget development and reporting prior to the 2020/21 budget setting process, were not accepted.
RECOMMENDED that the local Council Tax Reduction Scheme for 2019/20, outlined in the Executive’s report, be adopted.
RESOLVED that:
(i) The national and local service context, outlined in Annex 1 to the report, be noted.
(ii) The service proposals, set out in the report and accompanying Annex 2, which seek to respond to the national and local service context and to deliver corporate priorities, be endorsed.
(iii) The following be approved for consultation under the Council’s budget and policy framework:
a) Medium Term Financial Plan (Annex 3)
b) Savings and income totalling £1.229m (Annex 4)
c) Growth totalling £2.620m (Annex 5)
(iv) The Director of Finance and Organisation be authorised, in consultation with the Leader of the Council, to make any necessary changes to the Corporate Business Plan arising from the service and financial planning changes agreed for 2019/20.