To consider Report No. FIN2106 (copy attached), which makes recommendations on the budget, Council Tax Requirement and proposals for budget savings for 2021/22, for submission to the Council on 25th February, 2021.
UPDATE AS AT 12TH FEBRUARY, 2021:
Tables 3, 4 and 5 in Report No. FIN2106 have been updated due to an incorrect brought forward balance being stated on:
· Stability and Resilience reserve
· Other earmarked reserves/Prior year grants
The updated opening balance does not impact on the proposed revenue budget or MTFS projections and it does not change the year in which the Stability and Resilience reserve is forecast to be depleted.
Presented By:Cllr Paul Taylor, Corporate Services Portfolio Holder
(ii) RESOLVED that authority be delegated to the Council’s Section 151 Officer, in consultation with the Leader of the Council and the Corporate Services Portfolio Holder, to make any necessary changes to the General Fund Summary arising from the final confirmation of the Local Government Finance Settlement and the Business Rates Retention Scheme estimates.