Decision details

Local Government Finance Settlement Update

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

The main purpose of this report is to update Members regarding the Local Government Finance Settlement and its implications for the authority for the financial years 2017-18 to 2019-20.

Decision:

Cabinet

 

NOTED           the Local Government Finance Settlement.

 

AGREED        to guide the Head of Finance regarding options to be modelled in the Medium Term Financial Strategy reports to Cabinet and Council in February 2017, including the recommendation that if the Government reduces the New Homes Bonus, the planned allocation to the General Fund and the A14 upgrade contribution should be unaffected and the contribution to the City Deal Investment and Delivery fund should be reduced.

Publication date: 19/01/2017

Date of decision: 19/01/2017

Decided at meeting: 19/01/2017 - Cabinet

Effective from: 27/01/2017

Accompanying Documents: