Issue - meetings

Issue - meetings

Budget Strategy and Medium Term Financial Plan

Meeting: 25/08/2015 - CORPORATE RESOURCES OVERVIEW & SCRUTINY COMMITTEE (Item 21)

21 Budget Strategy and Medium Term Financial Plan pdf icon PDF 50 KB

The report proposes the medium term financial planning framework for 2016-17 through 2019-20.

Additional documents:

Minutes:

 

The Chief Finance Officer introduced a report, which provided the Committee with an opportunity to comment upon the Medium Term Financial Planning Framework for 2016-17 through 2019-20.

 

In light of the report Members queried the figures in relation to reducing Council Tax revenue in 2016/17. In response the Chief Finance Officer explained that as a result of better than anticipated Council Tax collection over  previous years the Council had seen an increase in revenue. However this was not anticipated to continue to the current levels.

 

In addition Members queried whether the Revenue Support Grant was protected. In response the Chief Finance Officer confirmed that although there was a strong possibility it would be reduced, this should be partially mitigated by an increase in business rates income.

 

NOTED the report