Decision details
Financial Strategy 2020/21 to 2024/25
Decision Maker: Executive
Decision status: Decision Made
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Purpose of Report: To present the Financial Strategy, including detailed revenue budget proposals to the Executive.
Members will be asked to recommend the proposals to Full Council.
Decision:
Recommended: That Council approve the budget proposals set out in the report to Executive; in particular:
a) The net revenue expenditure requirement of £127.223m
b) A council tax requirement of £93.808m
c) The revenue growth proposals outlined in the body of the report
d) The 2020/21 revenue savings proposals outlined in Annex 2
e) The fees and charges proposals outlined in Annex 3
f) The consultation feedback set out in Annex 4
g) The Housing Revenue Account (HRA) growth set out in Annex 5, and the HRA savings proposals set out in Annex 6
h) The dedicated schools grant proposals outlined from paragraph 154
i) The use of £420k New Homes Bonus, £150k from the Lendal Bridge reserve and £150k Transport reserve to fund one-off investment, as outlined in paragraphs 86, 87 and 92.
Reason: To ensure a legally balanced budget.
Report author: Debbie Mitchell
Publication date: 14/02/2020
Date of decision: 13/02/2020
Decided at meeting: 13/02/2020 - Executive
Effective from: 18/02/2020
Accompanying Documents:
- Financial Strategy Report
PDF 707 KB
- Annex 1 - 2020-21 Budget Summary
PDF 19 KB
- Annex 2 Savings Proposals 2020-21
PDF 159 KB
- Annex 3a
PDF 4 KB
- Annex 3b
PDF 13 KB
- Annex 3c
PDF 134 KB
- Annex 3d
PDF 7 KB
- Annex 3e
PDF 9 KB
- Annex 3f
PDF 26 KB
- Annex 3g
PDF 8 KB
- Annex 3h
PDF 22 KB
- Annex 3i
PDF 20 KB
- Annex 3j
PDF 33 KB
- Annex 3k
PDF 47 KB
- Annex 3l
PDF 15 KB
- Annex 3m
PDF 37 KB
- Annex 3n
PDF 29 KB
- Annex 3o
PDF 14 KB
- Annex 3p
PDF 29 KB
- Annex 3q
PDF 37 KB
- Annex 3r
PDF 29 KB
- Annex 3s
PDF 37 KB
- Annex 4 - Budget Consultation Summary 2020-21
PDF 382 KB
- Annex 5 HRA Growth 2020-21
PDF 13 KB
- Annex 6 HRA Savings Proposals 2020-21
PDF 146 KB
- Annex 7a Better Decision Making Tool
PDF 377 KB
- Annex 7b Better Decision Making Tool
PDF 399 KB
- Annex 7c Better Decision Making Tool
PDF 380 KB
- Annex 7d Better Decision Making Tool
PDF 377 KB
- Annex 8 - Risk Assessment
PDF 32 KB