Issue - meetings
Gedling Plan 2016-19 (including General Fund Revenue Budget)
Meeting: 16/02/2017 - Cabinet (Item 73)
73 Gedling Plan 2016-19 (including General Fund Revenue Budget) 
PDF 241 KB
Report of the Senior Leadership Team on behalf of the Leader of the Council.
Additional documents:
- Council Plan 08022017, item 73
PDF 13 MB
- Appendix 2 - LGA Settlement Briefing 15 Dec 16, item 73
PDF 1 MB
- Appendix 3 Council Report part 1, item 73
PDF 317 KB
- Appendix 3 Variances Part 2, item 73
PDF 96 KB
- Appendix 4 - Major Inflation Indices, item 73
PDF 42 KB
- Appendix 5 Budget reduction Summary 201718 V2 TA, item 73
PDF 119 KB
- Appendix 6 Reserves for budget report 240117, item 73
PDF 67 KB
- Appendix 7 2016 17 Surplus and Deficit calculation for distribn 1718, item 73
PDF 61 KB
Minutes:
The Chief Executive introduced the Gedling Plan for 2016-19 and summarised a number of key points from the proposed 2017/18 general fund budget.
RESOLVED to
1) Approve a 3% income inflation increase for individual portfolios as shown in the table at paragraph 3.6.5 of the report;
2) Recommend to Council
a) That the financial threshold above which decisions will be regarded as Key Decisions be set at £0.5m for 2017/18;
b) A Council Tax increase of £5 which balances the financing of a Net Council Tax Requirement of £5,738,900 in 2017/18;
c) That the Gedling Plan and the detailed budget for 2017/18, as detailed in Appendices 1 and 3 to the report be approved;
d) The future cumulative efficiency target of £1.9m with the following annual ongoing targets: 2018/19 £500,000; 2019/20 £700,000; 2020/21 £700,000; and to instruct officers to develop delivery plans for the 2018/19 budget process.