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Decision details

Report of the Head of Finance and Resources - Medium Term Financial Strategy 2016-17 Onwards

Decision Maker: Policy and Resources Committee

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To consider the latest information in regard to the budget strategy for 2016/17 onwards.

Decision:

RESOLVED:

1)  That the Committee agree to continue to plan on the basis of the revised SRP set out at Appendix A to the report of the Head of Finance and Resources, including the revised resource and expenditure budgets as detailed in the report;

2)  That the allocation of funding to assist the loss of council tax income by Parish Councils as set out in Appendix B to the report of the Head of Finance and Resources be agreed;

3)  That the savings and efficiencies of this Committee as set out in Appendix C to the report of the Head of Finance and Resources be agreed;

4)  That the Committee accepts the proposed savings and efficiencies from all service committees as set out in Appendix D to the report of the Head of Finance and Resources; and

5)  That the Employment Committee be requested to consider a comparative analysis of the pay policy and current levels of pay at Maidstone Borough Council in advance of this Committee’s meeting in February 2016 and produce a report to Policy and Resources Committee on any financial consequences of its decision as part of the strategic budget planning process.

 

Wards Affected: (All Wards);

Contact: Paul Riley 01622 602396 Email: paulriley@maidstone.gov.uk.

Report author: Paul Riley

Publication date: 18/12/2015

Date of decision: 16/12/2015

Decided: 16/12/2015 - Policy and Resources Committee

Effective from: 31/12/2015

Accompanying Documents: