Recommended to full Council : that variations in cash limits for 2004/05 – 2007/08 as approved in the current MTP be adjusted in accordance with the tabulation reproduced at Annex A to the report now submitted; that any additional spending which is proposed in conjunction with the review of the MTP be met from within the overall, updated levels of expenditure referred to in (a) above; that unless related to demographic considerations, no additional provision for revenue developments be made in 2008/09 and that £3.5m pa be earmarked for capital investment (at current prices);that, further consideration be given to the level of acceptable development post 2008/09 and Council Tax levels at future meetings; and that, in conjunction with the forthcoming review of the MTP, consideration be given to the scope for identifying further savings.