Agenda item

FINAL REVENUE BUDGET 2018/19 AND MEDIUM TERM FINANCIAL STRATEGY 2018/19-2020/21

Recommendation I:

Cabinet

 

(15 February 2018)

 

Minutes:

(i)            Further to item 8 on the Summons, the Council received Recommendation I of the Cabinet meeting held on 15 February 2018 and a report of the Chief Finance Officer.

 

(ii)          The Mayor requested that Members, in making the decision on this item, have regard to the Cabinet report of 15 February 2018, the sections on equalities, the equality impact assessments and the results of the budget consultation.

 

(iii)         Upon the meeting moving to the vote upon the substantive Recommendation and the report of the Chief Finance Officer it was carried.  The voting was as follows:

 

In Favour of the Motion:  Her Worshipful the Mayor Councillor Margaret Davine, Councillors Ali, Jeff Anderson, Sue Anderson, Borio, Brown, Dattani, Dooley, Ferry, Fitzpatrick, Hearnden, Graham Henson, Maxine Henson, Kendler, Marikar, Maru, Miles, O’Dell, Parekh, Varsha Parmar, Primesh Patel, Perry, Ramchandani, Robson, Aneka Shah-Levy, Mrs Rekha Shah, Sachin Shah, Krishna Suresh, Sasikala Suresh, Swersky, Weiss and Whitehead.

 

Against the Motion:  Councillors Almond, Ashton, Mrs Bath, Baxter, Bednell, Bond, Chana, Chauhan, Greek, Hall, Hinkley, Hirani, Jogia, Kara, Lammiman, Macleod-Cullinane, Mrs Mithani, Moshenson, Chris Mote, Janet Mote, Noyce, Osborn, Mina Parmar, Pritesh Patel, Rabadia, Seymour, Stevenson, Thakker, and Wright.

 

Abstain:  Councillors Amadi and Weston.

 

RESOLVED:  That

 

(1)          whilst being mindful of the results of the various consultations and equality impact assessments, the 2018/19 budget be approved to enable the Council Tax for 2018/19 to be set, Appendix 2 to the Cabinet report refers;

 

(2)          the Medium Term Financial Strategy (MTFS) at Appendix 2 to the Cabinet report be approved;

 

(3)          the structure of the funding formula 2018/19 through the introduction of the National Funding Formula at Appendix 6 to the Cabinet report be approved;

 

(4)          the 2018/19 Members’ Allowance Scheme at Appendix 12 to the Cabinet report be approved;

 

(5)          the 2018/19 Annual Pay Policy Statement at Appendix 13 to the Cabinet report be approved;

 

(6)          the Capital Receipts Flexibility Strategy at Appendix 15 to the Cabinet report be approved;

 

(7)          the Model Council Tax Resolution 2018/19, at Appendix 1 to the Council report, be approved and any minor amendments be delegated to the Chief Finance Officer;

 

(8)          in accordance with section 38(2) of the Local Government Finance Act 1992, the Chief Finance Officer be instructed to place a note of the amounts set out in (4) of Appendix 1 to the Council report  in the local press within a period of 21 days following the Council’s decision.

Supporting documents: