Issue - meetings

With the assistance of a report by the Director of Commerce and Technology to note the Deputy Prime Minister’s proposal to cap the Council’s 2005/06 budget and the associated implications for the authority.

Invited full Council at their meeting on 28^th September 2005 to set a revised budget requirement of £15.16m, together with the use of an additional £387k of revenue reserves to achieve this and to approve a Council Tax Level of £99.71 for a Band D Property for 2005/06.  At the same time approved a supplementary revenue estimate of £60,000 to cover the estimated costs of rebilling.

Consideration was given to a report by the Director of Commerce and Technology (a copy of which is appended in the Minute Book) which outlined the implications for the Council of the Government’s decision to cap the Council’s 2005/06 budget requirement.

Having discussed the need to approve a revised budget requirement that was no higher than £15.16m, the resultant reduction in Council Tax levels and issues surrounding rebilling, the Cabinet

RESOLVED

(a)  that Council at their meeting on 28^th September 2005 be invited to –

(i)  approve a revised budget requirement of £15.16m for 2005/06 and the use of an additional £387k of revenue reserves to achieve this;

(ii)  set revised Council Tax levels for 2005/06 equating to £99.71 for Band D properties; and

(b)  that a supplementary revenue estimate of £60,000 to cover the estimated costs of rebilling be approved.