Decision details

Resolved:           That Executive, having considered;

·     Expenditure pressures facing the council as set out in the report

·     Impacts of savings proposals set out in annex 2

·     Medium term financial factors facing the council as outlined in the report

·     Projected levels of reserves as set out in the report

·     Statutory advice from the Director of Customer and Business Support Services

It be

Recommended:    (i)    That Council approve the budget proposals as outlined in the report, and in particular;

·     The net revenue expenditure requirement of £117.900m

·     A council tax requirement of £77.072m

·     The revenue growth proposals as outlined in the body of the report

·     The 2016/17 revenue savings proposals as outlined in annex 2

·     The fees and charges proposals as outlined in annex 4

·     The Housing Revenue Account (HRA) budget set out in annex 5 and the HRA savings proposals set out in annex 6

·     The dedicated schools grant proposals outlined in paragraphs 114 to 122

(ii)     To note the effect of approving the income and expenditure proposals included in the recommendations would result in a 3% increase in the City of York element of the council tax, 2% of which would relate to the social care precept.

(iii)     To note receipt of an additional £781k transitional grant.

Reason: To ensure a legally balanced budget is set