Issue - meetings

Provisional Financial Settlement

Meeting: 24/01/2017 - Cabinet (Item 164)

164 Provisional Local Government Funding Settlement 2017/18 and Funding Gap pdf icon PDF 557 KB

Report of the Strategic Director, Corporate Resources

Minutes:

Consideration has been given to the position on the provisional Local Government Finance Settlement and the impact of this on the Council’s funding gap for 2017/18 and to endorsing the Council’s response to the settlement consultation.

 

 

 

RESOLVED -

(i)

That the contents of the report, including the review of the Council’s funding gap and the implications for the Council’s budget context for 2017/18 be noted.

 

 

 

 

(ii)

That the response to the Government consultation on the provisional Local Government Finance Settlement as set out in Appendix 2 to the report, which has been submitted within the prescribed deadline be endorsed.

 

 

 

The above decision has been made for the following reasons:

 

 

 

 

(A)

To contribute to the good financial management practice of the Council.

 

 

 

 

(B)

To ensure a sustainable budget for the medium to long term.