Issue - meetings
Draft Revenue Budget 2019/20
Meeting: 08/01/2019 - EXECUTIVE (Item 89)
89 Draft Budget 2019/20 and Medium Term Financial Plan 
PDF 330 KB
The report proposes the draft Budget for 2019/20 and updates the Medium Term Financial Plan (MTFP) approved by Council in February 2018.
Additional documents:
- Appendix B - Draft Budget 2019/20 and Medium Term Financial Plan - MTFP Four Year Summary, item 89
PDF 364 KB
- Appendix C (i) - Draft Budget 2019/20 and Medium Term Financial Plan - Pressures Summary, item 89
PDF 161 KB
- Appendix C(ii) - Draft Budget 2019/20 and Medium Term Financial Plan - Pressures by Directorate, item 89
PDF 249 KB
- Appendix C(iii) - Draft Budget 2019/20 and Medium Term Financial Plan - Pressures by Category, item 89
PDF 230 KB
- Appendix D(i) - Draft Budget 2019/20 and Medium Term Financial Plan - Efficiencies Summary, item 89
PDF 161 KB
- Appendix D (ii) - Draft Budget 2019/20 and Medium Term Financial Plan - Efficiencies by Directorate, item 89
PDF 106 KB
- Appendix D (iii) - Draft Budget 2019/20 and Medium Term Financial Plan - Efficiencies by Category, item 89
PDF 232 KB
- Appendix E - Draft Budget 2019/20 and Medium Term Financial Plan - 2019-20 Budget Diagram, item 89
PDF 246 KB
- Appendix F (i) - Draft Budget 2019/20 and Medium Term Financial Plan - Legal Framework, item 89
PDF 256 KB
- Appendix F(ii) - Draft Budget 2019/20 and Medium Term Financial Plan - Primary Statutory Requirements 2019, item 89
PDF 739 KB
- Appendix G - Draft Budget 2019/20 and Medium Term Financial Plan - Reserves, item 89
PDF 284 KB
- Appendix H - Draft Budget 2019/20 and Medium Term Financial Plan - Directorate Priorities, item 89
PDF 226 KB
Decision:
That the updated MTFP 2019/20 – 2022/23 and the draft Budget for 2019/20 be approved for consultation with the Corporate Resources Overview and Scrutiny Committee and other interested parties.
Minutes:
The Executive considered a report from the Deputy Leader and Executive Member for Corporate Resources that set out the draft Budget for 2019/20 and updated the Medium Term Financial Plan (MTFP). It was noted that the report had been published before the provisional Financial Settlement for Local Government had been released. The outcome of the Settlement would be included in the final budget presented to the Executive on 5 February 2019. The report sought approval for the draft Budget and MTFP as the basis for consultation.
In response to questions, the Deputy Leader and Executive Member for Corporate Resources explained:
· that the results from the consultation would be carefully considered when the Executive came to finalise its budget proposals in February;
· the draft Budget would be presented to the Corporate Resources Overview and Scrutiny Committee on 31 January 2019, where all Members from all Scrutiny Committees would be invited to attend; and
· the majority of the £58.6m of external funding within the draft Capital Programme report for 2019/20 had been secured.
Reason for decision: To enable consultation on the draft Budget 2019/20 and updated MTFP, prior to recommendations being made by the Executive on 5 February 2019 to Council on 21 February 2019.
RESOLVED
that the updated MTFP 2019/20 – 2022/23 and the draft Budget for 2019/20 be approved for consultation with the Corporate Resources Overview and Scrutiny Committee and other interested parties.