Issue - meetings

To receive an overview of the current medium term financial provision following further development of policy proposals and capital schemes that will impact in the financial years 2010/2011 to 2012/2013, and to approve the outline structure for further consultation on the business planning process.

The Cabinet received a report which provided an overview of the current medium-term financial position following further development of policy proposals and capital schemes which would impact in the financial years 2010/2011 to 2012/2013.

The report sought approval of the outline structure for further consultation on the business planning process throughout January 2010.

RESOLVED

That, for the reasons set out in the report:

1.                  the current medium-term financial position be noted;

2.                  in relation to the Pre-Budget Report 2010, note that the Portfolio Holder for Resources, in consultation with the Borough Treasurer, would provide the detailed analysis within the report to inform the consultation process; and

3.                  the process for working towards a balanced budget for 2010/2011 be agreed.

(Note:  In accordance with Procedure Rule No. 7.2, Councillors A Moran and L Smetham spoke on this item.)