Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Financial update report covering the latest revenue monitoring position for the current year and setting the framework for the 2020/21 budget setting process
Cabinet considered a report of the Director of Corporate Resources regarding the budget setting process and provisional cash limits 2020/21.
The report was positively received and Members particularly noted the position regarding the pension fund valuation. It was recognised that this appeared to be a very strong position, but remained subject to stock market fluctuations and therefore any bonus, although welcome, could not yet be assumed.
The recommendations in the report were agreed. A decision record is attached to these minutes.
Report author: Rob Carr
Publication date: 06/01/2020
Date of decision: 06/01/2020
Decided at meeting: 06/01/2020 - Cabinet
Effective from: 14/01/2020