Decision details

This item will be included within the Medium Term Financial Strategy item to be considered by Cabinet and Council on 12 and 26 February 2015.

Cabinet:

(a)        NOTED the Local Government Finance Settlement.

(b)        REQUESTED that the following options be modelled in the Medium Term Financial Strategy reports to Cabinet and Council in February 2016:

-       a 2% increase in Council Tax year on year;

-       a £5 increase for 2016/17 followed by a 2% increase year on year;

-       a £5 increase for every year of the current Parliament.

(c)        APPROVED the inclusion of £200,000 in the authority’s Capital Programme, as a fund to finance the refurbishment of General Fund Equity Share properties;

(d)        APPROVED the inclusion of an additional £160,000 in the authority’s Medium Term Financial Strategy and revenue budgets to meet anticipated additional costs in respect of the Local Plan, to be funded from New Homes Bonus receipts;

(e)        APPROVED the creation of a new Neighbourhood Plans Project Officer post;

(f)        APPROVED the inclusion of works at Sawston Tannery in the Capital Programme, to be funded by grants from external organisations.