RESOLVED

1.         That the financial information arising from the Provisional Settlement 2018/19 be noted and that the financial implications will be incorporated into the draft MTFS 2018-22 and draft capital programme 2018-22.

2.         That the latest update of the draft MTFS for 2018 – 22 be noted.

The Deputy Leader and Cabinet Member for Finance presented the report which set out an update to the Business Planning process for 2018-22 and in particular on the current position relating to the revenue budget for 2018/19, and the draft MTFS 2018-22.  He thanked all those involved in the preparation of the report and the Scrutiny Members for their work in developing the Business Plan.  He drew Members attention to the Government’s financial settlement and the challenge this would present to the Council over the coming years to fill the gap and that tough decisions would need to be made.  It was noted that the financial settlement was provisional, and that the final settlement was not yet known.

RESOLVED

1.         That the financial information arising from the Provisional Settlement 2018/19 be noted and that the financial implications will be incorporated into the draft MTFS 2018-22 and draft capital programme 2018-22.

2.         That the latest update of the draft MTFS for 2018 – 22 be noted.