The report proposes the draft Budget for 2014/15 and updates the Medium Term Financial Plan as previously approved by Council in February 2013.

That the draft budget proposals for 2014/15 be approved as the basis for consultation with the Overview and Scrutiny Committees and other interested parties.

The Executive considered a report from the Deputy Leader and Executive Member for Corporate Resources that proposed the draft Budget for 2014/15 and updated the Medium Term Financial Plan as previously approved by Council in February 2013.  The proposals took account of the provisional Local Government Finance Settlement for 2014/15 which had been announced on 18 December 2013. 

Reason for decision:  To enable consultation on the draft Budget 2014/15 and Medium Term Financial Plan 2014-2018 prior to recommendations by the Executive and full Council in February 2014.

RESOLVED

that the draft budget proposals for 2014/15 be approved as the basis for consultation with the Overview and Scrutiny Committees and other interested parties.