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 Revenue and Capital Budgets as detailed in this report and in the report to Cabinet dated 13 January 2021 be recommended to Full Council for approval.

(b) That the updated Medium Term Financial Strategy 2021/22 to 2025/26 (Appendix 2) be recommended to Full Council for approval.

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

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

(e) That the risk assessment at Appendix 3 and the Section 151 Officer’s recommendation on the level of reserves and contingencies provisionally required to be maintained in 2021/22 be recommended to Full Council for approval.

(f) That the Flexible Use of Capital Receipts Strategy (Appendix 6), updated for 2021/22, be recommended to Full Council for approval.

(g) The Borough Growth Fund Priorities for 2021/22 be approved.

(h) That the Capital Strategy (Appendix 7) for 2021-31 be recommended to Full Council for approval.

(i) That the Treasury Management Strategy (Appendix 8) for 2021/22 be recommended to Full Council for approval.

(j) That the Investment Strategy (Appendix 9) for 2021/22 be recommended to Full Council for approval.

(k) That the Local Council Tax Reduction Scheme (Appendix 10) for 2021/2022 be recommended to Full Council for approval.

Publication date: 03/02/2021

Date of decision: 03/02/2021

Decided at meeting: 03/02/2021 - Cabinet

Accompanying Documents: