DECISION MADE:

That Council be recommended to:

  a)  Agree the revised revenue estimate for 2011/12, as set out in Appendices B and C of the report of the Corporate Leadership Team, as modified, if necessary, by any actions agreed as a result of the Third Quarter Budget Monitoring Report for 2011/12;

  b)  Agree the revenue estimate for 2012/13 as set out in Appendices B and C of the report of the Corporate Leadership Team, incorporating the growth and savings items;

  c)  Agree that the minimum level of General Fund balances be set at £2m for 2012/13;

  d)  Agree to set a level of working balances for day to day activity for 2012/13 of £2.3m;

  e)  Agree the proposal not to update the capital programme subject to any changes agreed in the Third Quarter Budget Monitoring Report for 2011/12;

  f)  Agree a Council Tax level of £222.39 at Band D for 2012/13 (a second year freeze at 2010/11 values);

  g)  Endorse the Medium term Financial Strategy as set out in Appendix F to the report of the Corporate Leadership Team;

  h)  Agree the Council Tax requirement and the Estimates for 2012/13 relating to the report of the Corporate Leadership Team, as required by the Local Government Finance Act 1992 and as amended by the Localism Act 2011.