Cabinet will be asked to:
· Agree the updated MTFS and proposals for balancing the 2018/19 budgets.
· Agree the schedule of savings proposals recommended for progression for implementation in 2019/20 and future years
· Agree financial decisions required as set out in the report to balance the 2019/20 budget
There will also be a separate report to consider and approve changes to the Council Tax Support Scheme for 2019 that may generate an additional estimated income of £597,000 in Council Tax.
Decision type: Key
Reason Key: Affects more than 1 ward;
Decision status: Recommendations Approved
Notice of proposed decision first published: 10/10/2018
Decision due: 28 Nov 2018 by Cabinet
Lead director: Chief Operating Officer
Department: Finance & Procurement
Contact: Richard Tyler, Finance Strategy Manager Email: Richard.Tyler@onesource.co.uk Tel: 01708 433340.
All relevant officers, business partners and Members will be consulted.
Borough-wide Budget Consultation with the public and stakeholders concluded on 30 September 2018.