The Council is required to set a balanced budget each year. The Local Government Finance Act 1992 requires the Council to estimate revenue expenditure and income for the forthcoming year from all sources, together with contributions from reserves, in order to determine a net budget requirement to be met by government grant, Business Rates and Council Tax.
Decision type: Policy framework
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 30/10/2020
Decision due: 24 Nov 2020 by Executive
Lead member: Councillor Geoffrey Williamson, Deputy Leader and Executive Member for Financial Sustainability firstname.lastname@example.org
Contact: Steven Linnett, Head of Strategic Finance and Property Email: email@example.com.