Decision details

To set a legal and balanced budget for 2021/22 on the recommendation of Cabinet.

(1)       That Council notes and approves the revised budget requirement for 2021/22;

(2)       That Council approves the final proposals for the corporate efficiencies which will contribute to the budget;

(3)       That Council approves a legal and balanced budget based on the calculations as set out in the report;

(4)       That Council notes the open risks which remain to be managed in the course of 2021/22;

(5)       That Council approves an annual increase in Council Tax for 2021/22 of 3.95%; and

(6)       That Council notes the medium-term forecast as a basis for the next revision of the Medium-Term Financial Strategy (MTFS).

RESOLVED:

(a)       That the recommendations of Cabinet, as detailed above, for balancing the budget for 2021/22 be approved; and

(b)       That the level of Council Tax for 2021/22 as recommended by Cabinet be approved.