Decision details

Resolved:           That Cabinet, having considered;

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

·               Impacts of savings proposals set out in annexes 3a to 3d of the report

·               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, in particular;

·               The net revenue expenditure requirement of £119.760m

·               A Council Tax requirement of £72.736m

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

·               The revenue savings proposals as outlined in Annex 3a to 3d of the report

·               The fees and charges proposals as outlined in Annex 5

·               The Housing Revenue Account budget set out in Annex 6

·               The dedicated schools grant proposals outlined in paragraphs 120 to 128 of the report.

(ii)    To note that the Government had allocated an additional £162k within the final grant settlement announced on 4 February, after the Cabinet papers had been published. It was recommended that this should be allocated to the general contingency budget, the effect of this would be:

·        new growth item of £162k in respect of general contingency

·        increase in grant funding of £162k

·        increase in net revenue expenditure of £162k, from £119.598m to £119.760m.

(iii)   That Council note the effect of approving the income and expenditure proposals included in the recommendations would result in no increase in the City of York Council element of the council tax.

Reason:     (i & iii) To ensure a legally balanced budget is set.

(ii)       The final grant settlement was announced on 4 February after publication of the Cabinet report.