Issue - meetings

To consider the head of finance’s report. 

Cabinet considered the head of finance’s report, which brought together all the information to allow Cabinet to form its budget recommendations to Council. 

Cabinet noted the possible need to take account of small changes to the budget, for example since publication of the report the government had published its final settlement for the council on 5 February 2014.  This amended some of the figures in the draft budget, which would be reported to Council. 

RECOMMENDED: to

(a)               set the revenue budget for 2014/15 as set out in appendix A.1 to the head of finance’s report;

(b)               approve the capital programme for 2014/15 to 2018/19 as set out in appendix D.1 to the head of finance’s report, together with the capital growth bids set out in appendix D.2 of the head of finance’s report;

(c)               set the council’s prudential limits as listed in appendix E to the head of finance’s report;

(d)               approve the medium term financial plan to 2018/19 as set out in appendix F.1 to the head of finance’s report; and

RESOLVED: to

(e)       authorise the leader of the council to make minor adjustments to the head of finance’s report and the prudential indicators, in conjunction with the head of finance, following the publication of the final Local Government settlement and prior to the report’s submission to Council on 19 February 2014.