RESOLVED: That
(1) the Council’s position in terms of the Multi Year Finance Settlement and Efficiency Plan, in that the Council had not applied to accept the four year offer, paragraphs 1.8 to 1.11 of the report refer, be noted;
(2) the draft budget for 2017/18 and the Medium Term Financial Strategy (MTFS) 2017/18 to 2019/20 be approved for general consultation, as set out in appendices 1a,1b and 2, of the report.
(3) the balanced budget position for 2017/18, the balanced budget for 2018/19, subject to £6.978m of proposals being developed, and the gap of £9.661m for 2019/20, table 2 of the report refers, be noted;
(4) the proposal to increase Council Tax by 1.99% in 2017/18, table 2 and paragraph 1.14 of the report refer, be noted;
(5) the proposal to increase Council Tax by 2.0% in 2017/18 in respect of the Adult Social Care Precept, table 2 and paragraph 1.14 of the report refer, be noted;
(6) the structure of the Schools’ funding formula for 2017/18, un-changed from the 2016/17 formula agreed last year, as set out in Appendix 3 of the report, be approved;
(7) the draft Public Health Budget for 2017/18, as set out in Appendix 4 of the report, be approved;
(8) the Director of Finance, following consultation with the Portfolio Holder for Finance and Commercialisation, be authorised to agree Harrow’s 2017/18 contribution to the London Boroughs’ Grant Scheme, paragraph 1.37 of the report refers.
Reason for Decision: To ensure publication of the draft budget for 2017/18 and a 3-year MTFS to 2019/20.
Alternative Options Considered and Rejected: As set out in the report.
Conflict of Interest relating to the matter declared by Cabinet member/Dispensation Granted: None.