Issue - decisions

Local Government Finance Settlement Update

19/01/2017 - Local Government Finance Settlement Update

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.