Decision details

Cabinet RECOMMENDED TO COUNCIL:

(a)               that the capital programme (Appendix A) up to the year ending 31st March 2012 be approved as submitted which includes an additional £400,000 for disabled adaptations to be financed from the Housing Revenue Account;

(b)               that the revised revenue estimates for the year 2008/09 and the revenue estimates for 2009/10 be approved as submitted in the General Fund summary (Appendix B);

(c)               that the Medium Term Financial Strategy (Appendix C) be approved based on the assumptions set out in the report;

(d)               that the Chief Executive is given delegated authority to authorise expenditure up to the sum of £51,015 on the benefits service, to be financed by additional government grant;

(e)               that the approval of Senior Management Team to start the recruitment process for posts which are /will be vacant is re-established;

(f)                 that the District Council demand for general expenses for 2009/10 be £6,555,150;

(g)               that the Council sets the amount of Council Tax for each of the relevant categories of dwelling in accordance with Section 30(2) of the Local Government Finance Act 1992 on the basis of a District Council Tax for general expenses on a Band D property of £112.53 plus the relevant amounts required by the precepts of Parish Councils, Cambridgeshire County Council and the Cambridgeshire Police and Fire Authorities, details of those precepts and their effect to be circulated with the formal resolution required at the Council meeting;

(h)               that the prudential indicators in Appendix E be approved; and

(i)                  to approve the list of precautionary items (Appendix D) to be used under delegated powers already given to the Finance Portfolio Holder and the Chief Executive.

Cabinet NOTED the advice of the Chief Finance Officer that there was a high risk of being capped as its proposed council tax increase of 4.9% was not “substantially below 5%” as expected by the Minister for Local Government.