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Agenda item

2021-22 Revenue Budget, Capital Budget, Reserves and Balances, Capital Strategy, Treasury Management Strategy and Medium-Term Financial Strategy (MTFS)

Report to follow under separate cover.

Minutes:

Cllr Inkster introduced the report as the Cabinet Lead for Finance.

 

Cabinet thanked officers for their hard work in achieving a balanced budget during difficult times and noted that income generation would need to be looked at closely going forward in order to maintain the current level of services.  Cabinet also highlighted the importance of early budget challenge sessions and involvement by scrutiny. 

 

Proposed by Cllr Inkster and seconded by Cllr Hughes it was RESOLVED that Cabinet recommend to Full Council:

 

a.          The proposed Revenue and Capital budgets for 2021-22 including a Council Tax rate of £214.48 at Band D, representing a £5 increase on the current charge;

b.          The proposed Medium-Term Financial Strategy, Capital Strategy, Treasury Management Strategy and Prudential Indicators.

c.          The proposed increase to Fees & Charges schedule for 2021-22.

Supporting documents: