Decision details

1.      Cabinet’s General fund draft budget proposals for 2010/11 and indicative budgets for 2011/12, and 2012/13 as summarised in Annex A and B was approved for public consultation.

2.      Cabinet agreed that the proposed council tax freeze for 2011/12 be approved for public consultation.

3.      Cabinet’s draft capital programme and financing as detailed in annexes F1, F2, and G, was approved for public consultation

4.      Cabinet approved the draft Housing Revenue Account (HRA) budget excluding charges, subsidy and rents for public consultation.

5.      Cabinet agreed that the draft Capital Strategy at appendix H be approved for consultation.

6.      Cabinet agreed that the consultation leaflet be delegated to the Assistant Chief Executive in consultation with the Leader and Portfolio Holder for Finance for approval.

7.      Cabinet agreed that the Chief Executive and Management Board, in consultation with the relevant portfolio holders, undertake the preparatory work in relation to the savings and efficiencies built into the draft budget proposals, subject to any actions being rescinded should any budget options not be approved by 23 February 2011 Council. 

8. Cabinet noted that the Council’s response to the formula grant settlement would be prepared by the Director of Finance and Support in consultation with the Chief Executive, the Portfolio Holder for Finance and Assets and The Leader of the Council.