Cabinet will consider/approve the MTFS and 18/19 Budget Update.

Cabinet:

1.            Noted the progress made to date with the development of the Council’s budget for 2018/19 and of the implications for Council Tax setting, although no decisions will be taken until the February cabinet meeting.

2.            Noted the outcome of the Autumn Budget Statement and the likely impact on local authorities.

3.            Noted the provisional local government financial settlement announcement, and that this largely confirms the budgetary assumptions set out in the MTFS based upon the four-year financial settlement.

4.            Noted that a public engagement exercise on the budget process will be carried out during January 2018.

5.            Will Recommend to Full Council that the Council Tax Support Scheme 2018 is approved. (Appendices A and B of the report)

6.            Noted the Equalities Impact Assessment in respect of the Council Tax Support Scheme as set out in Appendix B of the report.

7.            Noted a correction to paragraph 2.3 of the report. The correct figure for the Adult Social Care (ASC) Support Grant was £1.010m; not £6.565m as printed in the report.