Issue - decisions

EXECUTIVE'S DRAFT REVENUE BUDGET PROPOSALS 2021/22 & MEDIUM TERM FINANCIAL STRATEGY (MTFS) 2022-24

15/10/2020 - EXECUTIVE'S DRAFT REVENUE BUDGET PROPOSALS 2021/22 & MEDIUM TERM FINANCIAL STRATEGY (MTFS) 2022-24

1. That the 2021/22 to 2023/24 proposed budget strategy, draft revenue budget and MTFS including the income and savings proposals be approved for the purposes of consultation only (where necessary) and that these proposals be referred to the Scrutiny Committee for their consideration.

 

2. That the proposal be noted to increase Council Tax by 3.99% in 2021/22 (comprising 2% adult social care precept and 1.99% general increase) and by similar levels for 2022/23 and 2023/24.

 

3. That the remaining budget gap for the years 2021/22 to 2023/24 be noted.

 

4. That the updated Asset Investment Strategy included at Annex G to the report be adopted and that it be recommended that Council approve the updated Strategy in November 2020.

 

5. That it be noted that the draft proposals are subject to various consultation exercises, analysis and impact assessments, movements in core funding, specific grants, costing and robustness assessments.