Issue - meetings

Cabinet considered a report providing an update of the forecast outturn Financial Position for 2017/18 on revenue and capital as at 30 June 2017, and the County Council's updated Medium Term Financial Strategy for the period 2017/18 to 2021/22. The report also set out budget proposals for Cabinet to consider.

Resolved: That

  i.  the forecast underspend of £5.022m on the 2017/18 revenue budget be noted.

  ii.  the revised Medium Term Financial Strategy (MTFS) and funding gap of £167.132m covering the period 2018/19 to 2021/22 be noted.

  iii.  the position in respect of the Council's reserves and to agree the transfers outlined in the report be noted.

  iv.  the position in respect of the Capital Programme in-year delivery for 2017/18 be noted.

  v.  the additions to the Capital Programme approved during Quarter 1 of 2017/18 set out in Table 1 of Appendix 'F' be noted.

  vi.  the re-profiling of the County Council's Capital Programme for 2017/18 as set out in Table 1 of Appendix 'F' be approved.

  vii.  the budget proposals set out within Appendix 'D' be approved, officers be authorised to proceed with their implementation and that the 2018/19 budget be based upon these revenue decisions.

viii.  the budget proposals set out within Appendix 'E' be noted and officers be requested prepare a full Equality Impact Assessment to be considered at the next meeting of Cabinet on 12 October.