| Reference Number :- | 2031 |
| Date :- | 2011/01/26 |
| Decision Maker :- | Cabinet |
| Subject to Call-in :- | No |
| Subject of Decision :- | Final General Fund Revenue Budget and Capital Programme 2011/12 |
| Decision :- | (a) That having considered the comments from the Corporate Management Committee and responses from the budget consultation activities undertaken, Cabinet makes the following final budget proposals to Council (based on a 0.5% reduction in a Band D Council Tax for District services):- (i) That the detailed budgets as per the Cabinet’s Initial Budget Proposals of 15 December 2010 as amended by the budget changes set out in Appendix ‘A’ to item A.2 of the Report of the Head of Financial Services be approved, which provide for a total net budget for 2011/12 of £18.787m and revised net budget for 2010/11 of £21.924m and a Capital Programme totalling £6.650m for 2011/12. (ii) That Council agrees and formally approves:- (a) The specific recommendations, calculations and other matters in respect of the Council’s requirements, special expenses and Parish/Town Council precepts as set out in Appendix ‘C’ to the above report (this includes but is not limited to the contrary resolution in paragraph (b) of that Appendix). (b) The Council Tax for District and Parish/Town Councils as set out in Appendix ‘E’ of the above report. (iii) That approval be delegated to the Chief Executive in consultation with the Executive Leader to incur costs against the Fit for Purpose budget to support actions related to the implementation of organisation and service reviews. (b) That if the financial position changes prior to Council considering the budget on 8 February 2011, any change in funding is set against the Fit for Purpose budget in 2011/12. (c) That in consultation with the Executive Leader and the Finance Portfolio Holder, the Head of Financial Services reports directly to Council in respect of the formal draft resolutions necessary to implement the Cabinet’s budget proposals together with any late information or notifications received from Communities and Local Government etc. as may necessarily affect the budget. (d) That the Independent Remuneration Panel budget be reduced to £500 per year and that the Panel be requested to make recommendations on a four year basis to cover a whole electoral cycle. (e) That one-off funding of up to £500k on a one-off basis be earmarked within the Regeneration and Communities budget to create a Big Society Fund whereby local voluntary groups, organisations, schools, Town and Parish Councils and neighbourhood communities are able to bid for funds to enable them to work with the Council to deliver a direct saving (on a one-off or ongoing basis) or a measurable significant community project. |
| Reason for Decision :- | To enable the Cabinet’s final proposals to be submitted to the meeting of the Council to be held on 8 February 2011. |
| Alternative Options Considered :- | None |
| Conflicts of Interest Delared (and Dispensations Granted by the Monitoring Officer) :- | None |
| Contact Officer :- | Head of Financial Services - Karen Neath |
| Decision to Take Effect at end of :- | 2011/02/03 |
| Attachments :- | Report Final General Fund Revenue Budget and Capital Programme (152K/bytes) |