Agenda item

General Fund Budget 2021/22

Report of the Senior Leadership Team on behalf of the Leader of the Council.

Minutes:

The Director for Corporate Resources and Section 151 Officer introduced the proposed 2021/22 general fund budget.

 

RESOLVED to:

 

1)    Approve a 3% discretionary income inflation increase for the individual portfolios as shown in the table at paragraph 2.5.5 of the report; and

 

2)    To recommend to Council on 4 March 2021:

 

a)    that the financial threshold above which decisions will be regarded as Key Decisions be set at £0.5m for 2021/22;

 

b)    a Council Tax increase of 2.97% (£5.00) which balances the financing of a Net Council Tax Requirement of £6,471,100 in 2021/22;

 

c)    that the detailed budget for 2021/22, as detailed in Appendix 2 of the report is approved.

Supporting documents: