Decision details

Cabinet received a report on the Outline Budget 2016-17 to 2019-20.

RESOLVED that Cabinet agrees that:

·         The net budgeted expenditure (before investment and use of reserves) for 2016-17 be set at a maximum level of £14.4m

·         That the financial health indicators set out in paragraph 3.20 be agreed

·         That the Council accepts, in principle, the Government offer of a 4-year funding settlement in order to protect the Council against risk of further increases in payments it is required to make in future years to the Government.