Issue - meetings

Medium Term Financial Plan 2019/22 Revenue Budget Submission 2019/20

Meeting: 21/02/2019 - Executive (Item 104)

104 Medium Term Financial Plan 2019/22 Revenue Budget Submission 2019/20 pdf icon PDF 106 KB

Additional documents:

Decision:

That:

 

1)        Council be recommended to approve the Medium Term Financial Plan (MTFP) 2019/22, including the budget submission for 2019/20 and the changes put forward at the meeting;

 

2)        the amended schedule of fees and charges as set out in Appendix B to the report, to be effective from the dates listed on the schedule, be approved.

Minutes:

The Executive considered a report setting out a proposed Medium Term Financial Plan for 2019/22 and the Revenue Budget Submission for 2019/20.

 

The Leader of Council informed the meeting that since the publication of the agenda two amendments to the Medium Term Financial Plan (MTFP) had been received:  the precept for the Police and Crime Commissioner for the Thames Valley had now been confirmed as £14,476,050 rather than the provisional figure of £14,476,029; and the total 2019/20 precept for Winnersh Parish Council had also now been confirmed as £137,314 rather than the provisional figure of £137,325 as set out in the MTFP papers. 

 

The Executive Member for Finance highlighted a number of areas in the MTFP document including the Summary of Budget Movements table for 2019/20, as set out on page 129 of the agenda, which documented changes to various budget lines and also showed the investments and savings that were being made in Council services.

 

Councillor Pollock also reiterated that the Council did not receive any Revenue Support Grant from the Government and was almost wholly financed by council tax.  He felt that the fact that the Council was not cutting services and was in fact investing in and improving services was a great credit to the work of Members and Officers.

 

RESOLVED that:

 

1)        Council be recommended to approve the Medium Term Financial Plan (MTFP) 2019/22, including the budget submission for 2019/20 and the changes put forward at the meeting;

 

2)        the amended schedule of fees and charges as set out in Appendix B to the report, to be effective from the dates listed on the schedule, be approved.