Decisions for issue General Fund Revenue Budget & Council Tax 2010/11

(1)         That Cabinet recommends to Council, subject to 2.3 below, the 2010/11 General Fund Revenue Budget proposals including;

§         The 2010/11 budget allocations to services as set out in appendix 1.

§         The investment in services and new allocations proposals as set out in paragraphs 3.42 to 3.46.

§         The council’s budget for 2010/11 of £230.8m.

§         The Directorate budget strategies as set out in appendix 8.

§         The corporate budgets of £19.3m.

§         The contingency budget of £4.2m as set out in table 6.

§         The reserves allocations as set out in appendix 3.

§         The borrowing limit of £302m for the year commencing 1 April 2010.

§         The annual Minimum Revenue Provision statements as set out in appendix 4.

§         The prudential indicators as set out in appendix 7 to this report.

(2)         That the Medium Term Financial Strategy budget and resource projections for 2011/12 and 2012/13, as set out in appendix 5, based on council tax increases of 2.5% for each year be noted.

(3)         That it be noted that supplementary information needed to set the overall council tax will be provided for the budget setting Council as listed in paragraph 4.7.