Decision details

(1)  Cabinet NOTED the year end forecast and financial position for the General Fund and Special Expenses for 2019/20;

(2)  Cabinet RECOMMENDED to Council that

a)    The proposals for General Expenses and Special Expenses Melton Mowbray be approved for inclusion in the 2020/21 budget;

b)    The revenue budget for 2020/21 for General and Special Expenses be approved, resulting in an overall council tax increase of £5;

c)    That the permanent establishment be updated in line with the growth proposals;

d)    Any increase or shortfall against the target working balance on General Expenses at 31 March 2020, be adjusted by transfers to/from the Corporate Priorities Reserve and for Special Expenses Melton Mowbray any surplus/deficit be transferred to/from the Special Expenses Reserve;

e)    That Members note the changes made to the risk categorisation of budgets.