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.