Agenda and minutes

None.

None.

Report to follow.

The Leader presented a report to Cabinet setting out the proposed revenue and budget, reserves and balances, treasury and prices for services for 2017/18 that had been updated since the last meeting of the Cabinet held on 8 February to take into account further consultations with all members of the Council with regard to property investment.

(A)         RESOLVED that:

(1)          the allocation of £285,000 for Havant Leisure Centre Lifecycle Works in 2017/18 as set out in Appendix B to the Cabinet report be removed and that the Cabinet Lead be authorised to continue negotiations with Horizon Leisure Trust;

(2)          the allocation of £418,000 for the provision of a new cemetery in the MDA as set out in Appendix B to the Cabinet report be deferred pending consideration of a full business case; and

(3)          the allocation of £61,000 for External Poster Frames as set out in Appendix B to the Cabinet report be deferred pending consideration of a full business case.

(B)         RECOMMENDED to full Council that:

(1)          Council notes that, due to the removal of investment property income, there is a requirement to drawn down £250,000 from the General Fund in 2017/18 as set out in paragraph 3.2 in the Cabinet report;

(2)          Council approves the proposed Revenue & Capital Budgets for 2017/18, including a Council Tax rate of £192.78 at Band D, representing a 0% increase on the current charge and continuing the Council’s freeze on its portion of the Council Tax since 2009/10; and

(3)          Council approves the Treasury Management Strategy and Prudential indicators, and the Prices for Services.