Local democracy

Decision details

S151 OFFICER'S ASSESSMENT OF THE ROBUSTNESS OF THE PROPOSED BUDGET ESTIMATES FOR 2017/18, AND OF THE ADEQUACY OF FORECAST FINANCIAL RESERVES

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

Resolved -

 

That Members have regard to Document “BJ” and the verbal update in setting the budget and in particular note my conclusions that:

 

  • the estimates presented to Council are sufficiently robust for the purpose of calculating the budgetary requirement 

 

  • the reserves are adequate for the 2017/18 proposed budget, and will be drawn on in accordance with proposed plan and reserves policy, recognising that estimates will be subject to review as part of the rolling planning cycle

 

  • the projected corporate reserves to 2020/21 would, on current estimates, be adequate, subject to the implementation of the rest of the proposed financial plan.

 

ACTION:       Strategic Director Corporate Services

 

(Stuart McKinnon-Evans – 01274 432800)

 

 

Publication date: 21/02/2017

Date of decision: 21/02/2017

Decided at meeting: 21/02/2017 - Executive

Accompanying Documents: