Decision details

REVENUE AND CAPITAL BUDGETS AND STRATEGIES 2021/22

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

(a) That the progress on the completion of the Revenue and Capital Budgets and updated MTFS Funding Strategy for 2021/22 (Appendix 1) be noted.

(b) That the updated Medium Term Financial Strategy 2021/22 to 2025/26 (Appendix 2) be approved.

(c) That the strategy for ensuring a balanced revenue outturn position for 2020/21 be noted.

(d) That the calculation of the Council Tax base and the Council Tax increase to be proposed for 2021/22 of £5 per year per Band D equivalent property be noted.

(e) That the risk assessment at Appendix 3 and S151 Officer’s recommendation on the level of reserves and contingencies provisionally required to be maintained in 2021/22 be noted.

(f) That the draft Flexible Use of Capital Receipts Strategy (Appendix 6), updated for 2021/22, be noted.

(g) That the draft Capital Strategy (Appendix 7) for 2021-31 be noted.

(h) That the draft Treasury Management Strategy (Appendix 8) for 2021/22 be noted.

(i) That the draft Investment Strategy (Appendix 9) for 2021/22 be noted.

(j) That the draft Budget and Council Tax proposals be referred to Finance, Assets and Partnerships Scrutiny Committee for comment before the final proposals are considered at Cabinet on 3rd February 2021.

Publication date: 13/01/2021

Date of decision: 13/01/2021

Decided at meeting: 13/01/2021 - Cabinet

Accompanying Documents: